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The Balance of a Savings Account T Months Since It

Question 30

Multiple Choice

The balance of a savings account t months since it was opened depends on the APR.If the APR is A, expressed as a decimal, then the balance is given by The balance of a savings account t months since it was opened depends on the APR.If the APR is A, expressed as a decimal, then the balance is given by   . ​ What is the balance after 8.00 years if the APR is 6.00 percent? (Be sure first to express the APR as a decimal.)  ​ A)  $161923.43 B)  $10198.15 C)  $6575.19 D)  None of the above . ​
What is the balance after 8.00 years if the APR is 6.00 percent? (Be sure first to express the APR as a decimal.)


A) $161923.43
B) $10198.15
C) $6575.19
D) None of the above

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