You deposit $900 in a savings account with 4.5% interest per year.You calculate

[iluvpotc3]

you will have $1215 in 3 years? Is your answer reasonable???
A. Yes; the interest will be much less than the total in the account.
B. No; the interest will be much less than the total in the account.
C.No; the interest will be more than the total in the account.
D.Yes; the interest will be more than the total in the account.

 

[QuatuorM]

$900 x 1.045 x 1.045 x 1.045 = $1027.05