Question #6403960Single Choice

Math

Question

Year

Value

1

$3,000

2

$3,300

3

$3,630

4

$3,993

Bianca deposited $3,000 in a savings account in year 1 and took note of the value of her account in each of the next three years, as shown in the table. Assuming Bianca does not deposit any more money and her interest rate does not change which of the following expressions can be used to calculate the value of Biancas account at the end of year 7?

Options

A
B
C
D

Answer & Analysis