Jeff invested $3000 in an account that earns 6.5% interest, compounded annually. The formula for compound interest is A=P (1+I) t.
How much did Jeff have in the account after 3 years?
A. $13,476.38
B. $3623.85
C. $3390.00
D. $9585.00
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Home » Mathematics » Jeff invested $3000 in an account that earns 6.5% interest, compounded annually. The formula for compound interest is A=P (1+I) t. How much did Jeff have in the account after 3 years? A. $13,476.38 B. $3623.85 C. $3390.00 D. $9585.00