Register
Calculate the compound interest on $6 000 if invested for 3 years at 7.5% per annum. multiple choice answers: $6000 $7453.78 $1453.78 $7534.87​
147,487 views
18 votes
18 votes
Calculate the compound interest on $6 000 if invested for 3 years at 7.5% per annum.

multiple choice answers:
$6000 $7453.78 $1453.78 $7534.87​

User FluepkeSchaeng
by
2.9k points

1 Answer

10 votes
10 votes
Your answer is B, $7453.80

Attached is the compound growth formula I used.
Calculate the compound interest on $6 000 if invested for 3 years at 7.5% per annum-example-1
User Niquan
by
3.5k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

3.2m questions

4.1m answers

Other Questions

Can someone help me plz I have to Turn 27/9 in simplest
Simplify: 10 ÷ [(5 + 2) − 5]
WHAT IS 33 TIMES 5 TELL ME THE ANWER
At the beginning of a population study, a city had 240,000 people. Each year since, the population has grown by 9.7%. Lett be the number of years since start of the study. Let y be the city's population.
What is 65 less than J
Link Copied!