Mathematics
Mathematics, 22.06.2019 11:00, larkinc2946

Isabella is calculating the interest earned on a deposit of $3,000 in an account that earns 4% compound interest after 6 years. a= p(1 + r) (to the power of t) a = 3,000 (1 + .04) (to the power of 6) a = 3,795.96 a. isabella determines that her deposit will then be worth $6,795.96. explain what isabella did incorrectly. b. what is the correct amount of interest?

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Isabella is calculating the interest earned on a deposit of $3,000 in an account that earns 4% compo...

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