Respuesta :

[tex]a = d {(1 + \frac{interest \: rate}{months} ) }^{months \times years}[/tex]
[tex]a = 1000{(1 + 0.048 \div 12)}^{12 \times 1} [/tex]
[tex]a = 1000(1 + 0.004)^{12}[/tex]
[tex]a = 1000 \times 1.049[/tex]
[tex]1 \: year = 1049.07[/tex]
[tex]2 \: years = 1,100.55[/tex]

the answer is B
theweeknd14
A = 1000(1+.048/12)^12(1)
        1000(1.004)^12
After 1 year, it is $1049.07
A = 1000(1.004)^24
After 2 years, it is $1100.55

The answer is B.
Hope this helps :)

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