You invested $6,500 in an account that pays 6 percent simple interest. How much more could you
Fantastic news! We've Found the answer you've been seeking!
Question:
You invested $6,500 in an account that pays 6 percent simple interest. How much more could you have earned over a 10-year period if the interest had compounded annually?
$1,182.19
$1,049.22
$930.11
$1,201.15
$1,240.51
Posted Date: