QuestionCalculate Mario's savings after 10 years with \ $1000 at 4\% interest using$ A=p(1+r)^{t}$. Options: a. \$2156.01 b. \$1004 c. \$1000 d. \$1428.24

Studdy Solution
Calculate the final amount A.
$A = \$1000(1.04)^{10} = \$1480.24$ Mario will have $1480.24 after10 years.

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