2. Kelly plans to deposit her graduation money into an account and leave it there for 4 years while she goes to college. She receives $750 in graduation money and she deposits it into an account that earns 4.25% interest compounded annually. Which of the following represents how much will be in Kelly's account at the end of four years if she makes no other deposits or withdrawals into the account? A= P(1+r)*

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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2. Kelly plans to deposit her graduation money into an account and leave it there for 4 years while she goes to college.
She receives $750 in graduation money and she deposits it into an account that earns 4.25% interest compounded
annually. Which of the following represents how much will be in Kelly's account at the end of four years if she makes no
other deposits or withdrawals into the account?
A= P(1+r)t
O A. 750 (0.0425) (4)
O B. 750(0.0425)* + 750
o c. 750(0.0425)*
O D. 750(1 + 0.0425)*
Transcribed Image Text:2. Kelly plans to deposit her graduation money into an account and leave it there for 4 years while she goes to college. She receives $750 in graduation money and she deposits it into an account that earns 4.25% interest compounded annually. Which of the following represents how much will be in Kelly's account at the end of four years if she makes no other deposits or withdrawals into the account? A= P(1+r)t O A. 750 (0.0425) (4) O B. 750(0.0425)* + 750 o c. 750(0.0425)* O D. 750(1 + 0.0425)*
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