Answer:
B: $1,344
Step-by-step explanation:
Okay simple we know that it is guaranteed to be at least $1,200. So A. Isn't an option. So it's 4% over three years. So that makes a total of 12%. 12% of 1,200 is 144. But as I said it isn't A. so now one step is left...
$1,200+$144=$1,344
