morganbaily0 morganbaily0

20-01-2017
Mathematics

Answered

How much compound interest is earned on $24,500 principal, with an annual interest rate of 5% compounded annually, over years? compound interest: I = P (1 + r)t A. $30,62.50 B. $2767.82 C. $27,562.50 D. $3178.29

Verified Answer :

Striker04 Striker04

20-01-2017

It is C. Hope this helps. LOL

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