Mathematics, 19.08.2019 06:50 deborah0

Erica invests $10,000 at 5% interest compounded annually.
how much interest will erica earn in 3 years?
a.
$1500.00
b.
$1576.25
c.
$11,500.00
d.
$11,576.25

Answers: 1

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More questions: Mathematics Another questions

Erica invests $10,000 at 5% interest compounded annually. how much interest will erica earn in 3 years? a. $1500.00 b. $1576.25 c. $11,500.00 d. $11,576.25

Answers

Another question on Mathematics

Erica invests $10,000 at 5% interest compounded annually.
how much interest will erica earn in 3 years?
a.
$1500.00
b.
$1576.25
c.
$11,500.00
d.
$11,576.25