The formula for compound interest is 
where A is the amount accumulated from a principal of P dollars left untouched for n years with an annual interest rate r (expressed as a decimal). Use this formula and a calculator to find A to the nearest cent.P = $100, r = 0.03, n = 6
A. $69.41
B. $119.41
C. $1,194,052,296,529.00
D. $169.41
Answer: B
Mathematics
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