harveyxgen harveyxgen

03-04-2018
Mathematics

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Help WILL GIVE BRAINLIEST!! At the beginning of year 1, Carlos invested $600 at an annual compound interest rate of 4%. He makes no deposits to or withdrawals from the account.

Help WILL GIVE BRAINLIEST At the beginning of year 1 Carlos invested 600 at an annual compound interest rate of 4 He makes no deposits to or withdrawals from th class=

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hajraaa786 hajraaa786

03-04-2018

i got D but I use a diffrnt method

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backseatdog backseatdog

03-04-2018

Use compound formula:

Principal*(1 + rate)^time =

600*(1 + .04)^n , where n = 5

Thus the answer is D.

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