Which scenario can be modeled using the formula A=P×(1+(r)/(n))^nt ?
A
500 dollars invested in a 3-year bond earning 5 percent interest compounded annually.B
A 50 dollars deposit that earns 1 percent simple interest on the principal once annually.C
500 dollars deposited into a savings account that earns 2 percent simple interest annually.D
Monthly deposits of 50 dollars into a savings account where interest is added to the total balance annually.