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The equation 4 = p(l+r) can be used to calculate compound interest on a savings account. A = future balance

p= current balance, r= rate of interest, and t= time in years. If you deposit $2,000 at 10% each year, how much
money will be in your account in 10 years? (Round to the nearest dollar.)
A 2200
B. 4000
C. 4318
D. 5,187

The equation 4 = p(l+r) can be used to calculate compound interest on a savings account-example-1
User Prajmus
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1 Answer

6 votes
I thin it’s c too pls
User Rajiv Pingale
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