30.9k views
5 votes
The future value of Sarah's certificate of deposit (CD), for the first five years, is represented by the sequence below. The applied interest is compound interest. $255.00, $260.10, $265.30, $270.61, $276.02, ... A. True B. False

1 Answer

5 votes
The answer is true since the amount of interest each year is inequality
User Kalp
by
7.9k points