Question

Help WILL GIVE BRAINLIEST!! At the beginning of year 1, Carlos invested $600 at an annual compound interest rate of 4%. He makes no deposits to or withdrawals from the account.

Answer 1

i got D but I use a diffrnt method

Answer 2

Use compound formula:

Principal*(1 + rate)^time =

600*(1 + .04)^n , where n = 5

Thus the answer is D.