Mathematics, 28.01.2020 11:31, meg12331

Tom has deposited $500 in an account which earns 2% interest each year. which expression correctly shows the total value of his account after 3 years?

a) 500 + 0.02 + 0.02 + 0.02
b) 500 + 0.02[500 + 0.02(500 + 0.02500)]
c) 500 + 0.020.02*0.02(500)
d) 500 + 3(0.02)500

Answers: 3

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Tom has deposited $500 in an account which earns 2% interest each year. which expression correctly s...