Math Help!

On your birthday, you deposit $540.00 in an account that pays 6% interest, compounded annually. How much is in the account 3 years later?
(1 point)
• $637.20
• $543.18
• $643.15***
• $1,717.20

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  1. Yes, you're right.

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    👤
    Ms. Sue
  2. Yes, you're right for now

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  3. how did you get that answer

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  4. when i did it it always came out as 190.8

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  5. Basically you add 1 + 0.06 and multiply 1.06 x 1.06 x 1.06 (3 times total), then you multiply the result by 540 and you get something around 643.15.

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