An employee put $5,000.00 in a retirement account that offers 9% interest compounded annually. the employee makes no additional deposits or withdrawals. which amount is closest to the interest the employee will have earned at the end of 5 years? a) $229.09 b) $450.00 c) $2,250.00 d) $2,693.12

The interest the employee will have earned at the end of 5 years is $ 2693.12 .

Option (D) is correct.

Step-by-step explanation:

Formula

Where P is the principle , r is the rate of interest in the decimal form and t is the time .

As given

An employee put $5,000.00 in a retirement account that offers 9% interest compounded annually for 5 years .

P = $ 5000

9% is written in the decimal form.

= 0.09

r = 0.09

t = 5 years

Putting all the values in the formula

Amount = $7693.12

As

Amount = Principle + Interest

Putting all the values in the above

$7693.12 =$5000 +  Interest

Interest =  $7693.12 - $5000

             = $ 2693.12

Therefore the interest the employee will have earned at the end of 5 years is $ 2693.12 .

Option (D) is correct.

step-by-step explanation:

in the absence of parentheses, i will have to make some assumptions:   i interpret your (3x+5/y^6)(4y^3/5)​ to mean:

3x + 5     4y^(3/5)       (3x + 5)(4)

* =

    y^6             1               y^(6-3/5)

if this is not what you expected, repost your question using parentheses to indicate whether you meant

4y^3

    or   4y^(3/5)

    5

a.for lorena 14 hours makes $126   for 16 hours she makes 144

for julie 6 hours makes $72 for 21 hours its $252

b. julie makes more money than lorena julie makes $12 an hour and lorena makes $9  

.