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GUYS HELPPPPP OMG BEGGING U im on my knees Use compound interest to find the end balance. $55,000 compounded annually at 16% for 3 years a $86,726.42 b $85,849.30 c $26,400 d $8…

GUYS HELPPPPP OMG BEGGING U im on my knees Use compound interest to find the end balance. $55,000 compounded annually at 16% for 3 years a $86,726.42 b $85,849.30 c $26,400 d $8…
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GUYS HELPPPPP OMG BEGGING U im on my knees

Use compound interest to find the end balance.

$55,000 compounded annually at 16% for 3 years

a
$86,726.42
b
$85,849.30
c
$26,400
d
$81,400

asked
User Bijington
by
7.8k points

1 Answer

3 votes
The answer is B) $85,849.30
answered
User Yevgenia
by
9.2k points
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