Multiple Choice
Which of the following best expresses the future value of $100 left in a savings account earning 3.5% for three and a half years?
A) $100(1.035) ³.⁵
B) $100(0.35) ³.⁵
C) $100 × 3.5 × (1.035)
D) $100(1.035) ³/2
Correct Answer:
Verified
Correct Answer:
Verified
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