Mathematics, 23.04.2021 17:30 patience233

Mr. Curry puts $5,500 in an investment account that offers 8% interest compounded annually. He makes no additional deposits or withdrawals. Which amount is closest to the amount of interest Mr. Curry will have earned at the end of 15 years? A
$11,946.93

B
$12,100.00

C
$6,600.00

D
$698.27

Answers: 3

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More questions: Mathematics Another questions

Mr. Curry puts $5,500 in an investment account that offers 8% interest compounded annually. He makes no additional deposits or withdrawals. Which amount is closest to the amount of interest Mr. Curry will have earned at the end of 15 years? A $11,946.93 B $12,100.00 C $6,600.00 D $698.27

Answers

Another question on Mathematics

Mr. Curry puts $5,500 in an investment account that offers 8% interest compounded annually. He makes no additional deposits or withdrawals. Which amount is closest to the amount of interest Mr. Curry will have earned at the end of 15 years? A
$11,946.93

B
$12,100.00

C
$6,600.00

D
$698.27