A=6,500×(1+0.07÷360)^(360×5)
A=9,223.63
Interest earned
9223.63-6500==2,723.63
The most accurate way would be the fourth answer, because to estimate 66% of 47 you need to round both as closely as possible. 66% rounds closest to 2/3, and 47 is closest to 48
Hi there!
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I believe your answer is:
Option A
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Here’s why:
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Hope this helps you. I apologize if it’s incorrect.