Mathematics

18 July, 05:15

Matthew invested $5000 in an account that earns 3.8% interest, compounded annually. The formula for compound interest is A (t) = P (1 + i) t. How much did Matthew have in the account after 3 years?

A. $6900.00

B. $5594.37

C. $5570.00

D. $5591.93

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