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Tucker invested $3500 at 2% interest compounded annually. How much interest will he earn in 3 years? A.$70.00 B.$210.00 C.$214.23 D.$3714.23
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Tucker invested $3500 at 2% interest compounded annually. How much interest will he earn in 3 years? A.$70.00 B.$210.00 C.$214.23 D.$3714.23
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Oct 18, 2017
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Tucker invested $3500 at 2% interest compounded annually.
How much interest will he earn in 3 years?
A.$70.00
B.$210.00
C.$214.23
D.$3714.23
Mathematics
high-school
Zeitounator
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The answer is B you take $3500.00 x 2%= $70.00 in one year, take $70.00 x 3 because it is 3 years, the answer is $210.00
Gondil
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Oct 24, 2017
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