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$10,000 is deposited in a certain account that pays r percent annual interest compounded annually, the amount D(t), in dollars, that the deposit will grow to in t years is given by $${D}({t})=10,000[1+(\frac r {100})]^{t}$$. What amount will the deposit grow to in 3 years?

(1)$$D(1)=11,000$$

(2)$$r =10$$
  • AStatement (1) ALONE is sufficient, but statement (2) alone is not sufficient.
  • BStatement (2) ALONE is sufficient, but statement (1) alone is not sufficient.
  • CBOTH statement TOGETHER are sufficient, but NEITHER statement ALONE is sufficient.
  • DEACH statement ALONE is sufficient.
  • EStatements (1) and (2) TOGETHER are NOT sufficient.
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正确答案: D

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