1. Nikola invested $6.000 in a 3 year
Certificate of Deposit (CD) that pays
3.896 interest compounded annually.
Which equation could be used to find th
value of the CD after 3 years?
A.)A P(1 0.38)
B.) A P(0.38)(3)
C.) A P(13.8)
D.) A P(1 +0038)