Mr. Curry puts $5,500 in an investment account that offers 8% interest compounded annually. He makes no additional deposits or w

Question

2 years ago

12

Mr. Curry puts $5,500 in an investment account that offers 8% interest compounded annually. He makes no additional deposits or w

ithdrawals. 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

Mathematics

1 answer:

aalyn [17] · Answer 1 · 2022-11-05T13:23:49+03:00

aalyn [17]2 years ago

3 0

Answer:

B.$12,100.00

Step-by-step explanation:

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