Mathematics, 24.03.2021 23:10 cookie1701

Samantha invested $600 into an account that paid 3.5% interest compounded annually. Samantha did not make any additional deposits or withdraws. What is the total amount of interest paid by this investment at the end of 5 years?

A $ 115.50

B $783.87

C $ 123.87

D $2,755.50

Answers: 2

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More questions: Mathematics Another questions

Samantha invested $600 into an account that paid 3.5% interest compounded annually. Samantha did not make any additional deposits or withdraws. What is the total amount of interest paid by this investment at the end of 5 years? A $ 115.50 B $783.87 C $ 123.87 D $2,755.50

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Another question on Mathematics

Samantha invested $600 into an account that paid 3.5% interest compounded annually. Samantha did not make any additional deposits or withdraws. What is the total amount of interest paid by this investment at the end of 5 years?

A $ 115.50

B $783.87

C $ 123.87

D $2,755.50