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Nia invests $3100 in an account earning 2% interest, compounded annually. The equation that represents this scenario is: A ( n ) = 3100(1 +

Nia invests $3100 in an account earning 2% interest, compounded annually. The equation that represents this scenario is:

A(n) = 3100(1 + 0.02)n- 1

How much will she have in the account in year 4? Round your answer to the nearest dollar.

A.

$9486

B.

$3356

C.

$3290

D.

$5357

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