John invest $2,975 at 4% interest compound annually. What will be the balance in the account after?
a) 3,272.50
b)3,281.48
c) 5,493.86*********
d) 7,735.00
if i am wrong please explain why i am and what i should do, step wise thanks so much and hopfully this helps
5 answers
well, your answer is the balance after about 15.6 years, so I suspect it's not right. What did you intend?
i need help i feel its 3272.50
After what?
2.5 years. I had the same question.
please give us all of the answers