9. Leonard made a deposit of $4,500 into a
savings account which earns 7% annual
compound int...
Mathematics, 07.06.2021 18:00 carmencolon119
9. Leonard made a deposit of $4,500 into a
savings account which earns 7% annual
compound interest. Assuming he makes no other
deposits or withdrawals, which of the following
shows the amount of interest his account should
earn after 15 years?
A. $12,415.64
B. $7, 915.64
C. $16,915.64
D. $8,115.64
(please help, it’s urgent) :)
Answers: 1
Mathematics, 22.06.2019 02:00
Sally deposited money into a savings account paying 4% simple interest per year. the first year, she earned $75 in interest. how much interest will she earn during the following year? show your work and explain your reasoning in the space provided below.
Answers: 2
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