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 .
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
Correct Answer:

Verified
Correct Answer:
Verified
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