4. Solve the word problem using the interest table
and the Annual Payroll Period table.
Connie invested $3,250 in a regular savings account that
paid compound interest at a rate of 7.5% per year,
compounded monthly. How much was her investment worth
in five years?
$4,723.21
$14,625
$243.75
$1,218.75
$4,468.75
Solve the word problem using the interest table