A. If the bank provides an annual percentage yield of 3.2%, what will be the balance when lucy turns 1? turns 2? turns 3?

Answer:
1 year=3.2%
2 year=6.4%
3 year=9.6%
Step-by-step explanation:
Since the% increases every year
So for the first year=
3.2% of 1
3.2%×1
3.2%
For second year
3.2% ×2
6.4%
For the third year
3.2% × 3
9.6%