Emily was given $600 for her high school
graduation. She invested it in an account that earns
2.4% interest per year. If she does not make any
deposits or withdrawals, which expression can be
used to determine the amount of money that will be
in the account after 4 years?
1)
600(1+0.24)^4
2) 600(1-0.24)^4
3) 600(1+0.024)^4
4) 600(1-0.024)^4