3 years ago

An investment of $250 pays 11% annual interest, compounded quarterly. What is the interest earned in 10 years?

2 answers:

5 0

$489.97 is the answer. 250*2.95987 = 739.9675-250= $489.97

4 0

<span>The interest earned in 10 years is B. $739.97.</span>

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