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Yolanda invests $30,000 in an account that offers a compound interest rate of 7.9% per year. Which of the following is the correct equation for how much Yolanda will have in year 10? O A. A(10) = 30,000 • (1 + 0.079) 10 O B. A(10) = 30,000 - (1 + 0.79)10 - 1 O C. A(10) = 30,000 - (1 + 0.079)10 - 1 O D. A(10) = 30,000 - (1 + 0.079) 10 + 1

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Answer: 77812.2738

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User Paul De Lange
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