478,834 views
20 votes
20 votes
An investor puts $4,500 into a life insurance policy that pays 6% simple annual interest. if no additional investment is made into the policy, how much accumulated interest should the investor expect at the end of 15 years?

A) $4,050

B) $40,500

C) $4,500

D) $405,00

User Matei Radu
by
2.2k points

1 Answer

24 votes
24 votes
I think the answer A
User Jarco
by
2.8k points
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