22
QuizMultiple Choice

Topic Test

Question 22 of 25 • IASD Precalculus 2nd Quarter - Wingerter 2025-26

If you deposit $2000 in a savings account with an interest rate of r compounded annually, then the balance in the account after 3 years is given by the function B(c) = 2000(1 + r)3, where r is written as a decimal.What interest rate will yield a balance of $2300 after 3 years?a.4.55%c.4.67%b.3.25%d.4.77%

Answer
A
A
B
B
C
C
D
D
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