# For the investment with interest compounded annually, find the final balance using the formula A = P(1 + r)t $36,000 for 4.5 years at 3% A. $37,080.00

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Question

For the investment with interest compounded annually, find the final balance using the formula A = P(1 + r)t $36,000 for 4.5 years at 3% A. $37,080.00 B. $40,860.00 C. $41,121.60 D. $117,232.38