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Correct answers only please!

To the nearest cent, how much will she have in 3 years?

Use the formula B = p(1 + r)t, where B is the balance (final amount), p is the principal (starting amount), r is the interest rate expressed as a decimal, and t is the time in years.

Correct answers only please To the nearest cent how much will she have in 3 years Use the formula B p1 rt where B is the balance final amount p is the principal class=

Respuesta :

Answer:

$125.97

Step-by-step explanation:

To answer this question, simply plug the known values into the equation. We know that 100 is the principal (starting amount), 0.08 is the interest rate as a decimal, and t is 3 years.

Now plug in all those values to the given formula: B = p(1 + r)^t

Solve, and you end up with $125.9712, rounded to $125.97

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