Frank invested $1000 in an account with a 6% interest rate compounded annually. How much is the account after 3 years?
A. $1194.05
B. $1196.98
C. $1191.02
D. $1195.62
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Home » Mathematics » Frank invested $1000 in an account with a 6% interest rate compounded annually. How much is the account after 3 years? A. $1194.05 B. $1196.98 C. $1191.02 D. $1195.62