15
QuizMultiple Choice

Performance Task: Roller Coaster Design — Cumulative exam

Question 15 • IC Sem B Algebra 2

Mario invested $6,000 in an account that pays 5% annual interest compounded annually. Using the formula A = P(1 + r)t, what is the approximate value of the account after 2.5 years?

Answer
A
$6,075
B
$6,118
C
$6,456
D
$6,778
Previous
Next