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Tetsuo's savings account has a balance of $1192. After 22 years, what will the amount of interest be at 1.5% compounded annually? a. $2622.40 c. $467.98 b. $450.98 d. $461.98
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Tetsuo's savings account has a balance of $1192. After 22 years, what will the amount of interest be at 1.5% compounded annually?

a.
$2622.40
c.
$467.98
b.
$450.98
d.
$461.98

User TheComeOnMan
by
8.4k points

1 Answer

5 votes
D. $461.98 I think would be the answer. 
User Bart Blommaerts
by
8.1k points
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