Question

Mrs. Olga’s $250 investment earns 19% interest compounded annually. What will her balance be after 3 years?

A. $421.29
B. $142.50
C. $171.29
D. $14,250

Answer 1

easports

Explanation:

its in the game

Answer 2

The answer is A. $421.29

Explanation:

Just keep finding 19% of the numbers next, and you add that all up and you get the answer.

250 x 19%=47.5. (250+47.5)=> 297.5x19%= 56.525. (297.5+56.525) =>354.025x19%=67.26475

354.025+67.26475=> 421.28975, which can round up to 421.29.