Q:

If the APY of a savings account is 5.3%, and if the principal in the savings account is $5100 for an entire year, what will be the balance of the savings account after all the interest is paid for the year? A. $5300.00 B. $5127.03 C. $5100.00 D. $5370.30

Accepted Solution

A:
the answer is D. hope this helps