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If $10,000 is invested at a rate of 3.4 percent for 5 years, how much money is in the account at the end of the term? $340 $3,400 $10,000 $11,700

If $10,000 is invested at a rate of 3.4 percent for 5 years, how much money is in the account at the end of the term? $340 $3,400 $10,000 $11,700
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2 votes
If $10,000 is invested at a rate of 3.4 percent for 5 years, how much money is in the account at the end of the term?

$340
$3,400
$10,000
$11,700

User Martijnve
by
8.2k points

2 Answers

3 votes

Answer:

D. $11,700

Explanation:

User XstreamINsanity
by
7.9k points
5 votes
I believe it is $11,700
User Dineshkashera
by
8.0k points
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