Use the compound interest formula to compute the balance of account, assuming that interest is compounded annually. The account is: 10,000 is invested at an APR of 3.7% for 12 years.

Compound interest is calculated by multiplying the initial principal amount by one plus the annual interest rate raised to the number of compound periods minus one. Interest can be compounded on any given frequency schedule, from continuous to daily to annually.

why you keep on deleting my answers? you just deleted hundred of my answers

the correct answer is c

might be the correct answer will be question number 2