Suppose that you deposit $750.00 in an account paying 4% compound interest, with interest compounded annually. How much interest will your account earn over the first 5 years? $912.49 $162.49 $150 00 $900.

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question

asked Aug 26, 2022 114k views

0 votes

Suppose that you deposit $750.00 in an account paying 4% compound interest, with interest compounded annually. How much

interest will your account earn over the first 5 years?
$912.49
$162.49
$150 00
$900.00

Mathematics
high-school

Nyi Nyi asked

by Nyi Nyi

7.4k points

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

7 votes

Answer:

The answer is 162.49

Step-by-step explanation: Can you help me with my question

Lovelyramos answered Aug 31, 2022

by Lovelyramos

7.9k points

0 Comments

Please log in or register to add a comment.

Ask a Question

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

8.9m questions

11.6m answers

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

0 Comments

Please log in or register to add a comment.

Other Questions