Register
Beatrice invests $1,440 in an account that pays 3 percent simple interest. How much more could she have earned over a 4-year period if the interest had compounded annually? $7.93 $31.73 $17.61 $28.37 $21.
124k views
4 votes
Beatrice invests $1,440 in an account that pays 3 percent simple interest. How much more could she have earned over a 4-year period if the interest had compounded annually?

$7.93

$31.73

$17.61

$28.37

$21.28

User MkMan
by
8.7k points

1 Answer

2 votes
28.37 is your answer
User Maggy Hillen
by
8.2k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
A dealer sells a certain type of chair and a table for $40. He also sells the same sort of table and a desk for $83 or a chair and a desk for $77. Find the price of a chair, table, and of a desk.
Mr. Jacob is 55 years old and tony is 7 years old. in how many years will mr. Jacobs be 4 times as old as Tony
Link Copied!