Solve the Problem

question 60

Multiple Choice

Solve the problem. Round to the nearest cent as needed.
-Brandon's savings account has a balance of $4069. After 4 years what will the amount of interest be at 5% compounded quarterly?

• A) $899.73
• B) $894.73
• C) $101.73
• D) $885.73

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Definitions:

Third-person Pronouns

Pronouns used to refer to people or things other than the speaker or listener, such as "he," "she," "it," "they."

Poor Writers

Individuals who struggle with writing, often due to lack of practice, understanding, or skill in composing coherent text.

Writing Rules

Established guidelines or principles followed to achieve clarity, effectiveness, and correctness in written communication.

Flexibly

The quality of being adaptable or willing to adjust to new conditions, circumstances, or changes with ease.