Guys I need help!! If $5000 is put into a savings account that pays 3.5% interest compounded monthly, how much INTEREST to the nearest ten cents, would be earned by the account after 6 years, assuming no money was added or withdrawn?

show your work

option (b) is correct

step-by-step explanation:

to find the solution of this system, we need to convert it into reduced row-echelon form. we have,

after applying row operations r2 -> r2/2 and r3 -> r3/3, we get,

first the equation needs to be simplified. so the equation would now look like:   52-24+11

then you multiply.

and when you multiply, you will get the answer of 39.