Mathematics, 23.04.2021 23:50 edmistontrace53

1. Nikola invested $6,000 in a 3-year Certificate of Deposit (CD) that pays
3.8% interest compounded annually.
Which equation could be used to find the
value of the CD after 3 years?
A A = P(1 + 0.38)
B A = P(0.38)(3)
C A = P(1 + 3.8)
DA= P(1 + 0.038)

Answers: 2

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More questions: Mathematics Another questions

1. Nikola invested $6,000 in a 3-year Certificate of Deposit (CD) that pays 3.8% interest compounded annually. Which equation could be used to find the value of the CD after 3 years? A A = P(1 + 0.38) B A = P(0.38)(3) C A = P(1 + 3.8) DA= P(1 + 0.038)

Answers

Another question on Mathematics

1. Nikola invested $6,000 in a 3-year Certificate of Deposit (CD) that pays
3.8% interest compounded annually.
Which equation could be used to find the
value of the CD after 3 years?
A A = P(1 + 0.38)
B A = P(0.38)(3)
C A = P(1 + 3.8)
DA= P(1 + 0.038)