kortiz2652
kortiz2652 kortiz2652
  • 15-09-2022
  • Mathematics
contestada

How much interest will $1,200 earn over 10 years with 5% interest compounded annually?

A. $600
B. $679.88
C. $754.67
D. $1954.67

Respuesta :

scottrn9696
scottrn9696 scottrn9696
  • 15-09-2022

Answer:

$600

Step-by-step explanation:

1,200 · 0.05 = 60

60 · 10 = 600

Answer Link

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