Barry's savings account has a balance of $2874. After 9 years, what will the amount of interest be at 5% compounded annually? a. $1589.52 c. $1575.52 b. $1584.52 d. $1437.00 Please select the best answer from the choices provide

b. $1584.52

Step-by-step explanation:

To find the answer, first you have to find the amount that you will have after 9 years using the formula to calculate the future value:

F=P*(1+i)^n, where

F= future value

P= present value= $2874

i= interest rate= 5%

n= number of periods of time= 9

Now, you can replace the values in the formula:

F=2874*(1.05)^9

F= 4458.52

Then, as you know the value that you will have after 9 years, you can subtract the initial balance from this, to find the amount of interest:

$4,458.52-$2,874= $1,584.52

According to this, the answer is that the amount of interest at 5% compounded annually would be $1,584.52.

7! = 7×6×5×4×3×2

3! = 3× 2

as 7! is multiple of 3! because 7! contains 3! that is 3× 2 as factor

so 7! /(3! ) = 7× 6× 5× 4

= 42 × 20

= 840

its b) 840✌✌✌

dhruv⭐

the answer is thin because within context, the stanza concludes the and frail tone the people have toward each other, and the fact that it would be thin, makes the most sense compared to "pliable" or "not hard or firm to the touch". hope this , good luck.

step-by-step explanation:

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