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Theodore deposited $2400 into a savings account for which interest is compounded monthly at a rate of 2.8%. How much interest will he earn after 10 years? * $58.51 $678.59 $2478.59 $7679.48
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Theodore deposited $2400 into a savings account for which interest is compounded monthly at a rate of 2.8%. How much interest will he earn after 10 years? *

$58.51
$678.59
$2478.59
$7679.48

User Swordstoo
by
6.4k points

1 Answer

5 votes
The answer would be D
User Kumiko
by
6.6k points
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