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Walter's savings account has a balance of $273. After 5 years, what will the amount of interest be at 5% compounded quarterly? a. $6.83 c. $77.00 b. $68.00 d. $82.00
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Walter's savings account has a balance of $273. After 5 years, what will the amount of interest be at 5% compounded quarterly? a. $6.83 c. $77.00 b. $68.00 d. $82.00

User Chao Ruan
by
7.0k points

2 Answers

3 votes

Answer:

c

Explanation:

User Dekomote
by
6.5k points
6 votes
The answer is 76.99 but rounded would make it 77.00 which is C
User Pragya Mendiratta
by
7.0k points
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