Math  /  Word Problems

QuestionYou deposit \$4600 at 3% simple interest. Find the amount in the account at the start of the 9th year. Options: A. \$5704 B. \$4710 C. \$5842 D. \$4738

Studdy Solution
Calculate the total amount in the account at the beginning of the9th year.
A(9)=$5704A(9)=\$5704The total amount in the account at the beginning of the9th year is \$5704. So, the correct answer is A. \$5704.

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