Mathematics, 27.05.2020 23:01, gdestini165

Lauren deposited $3,000 into a savings account with an annual interest rate of 0.75%. She made no deposits or withdrawals for 3 years. If interest was compounded annually,
which equation represents the balance in the account after 3 years?
A = 3000(1 +0.0075)^3
A = 3000(1 -0.0075)^3
A = 3000(1 + 0.075)^3
A = 3000(1 +0.75)^3

Answers: 2

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Lauren deposited $3,000 into a savings account with an annual interest rate of 0.75%. She made no de...