araic30 araic30

01-04-2022
Mathematics

contestada

Calculate the compound interest on $6 000 if invested for 3 years at 7.5% per annum.

multiple choice answers:
$6000 $7453.78 $1453.78 $7534.87

Respuesta :

saltedpasta saltedpasta

01-04-2022

Your answer is B, $7453.80

Attached is the compound growth formula I used.

Ver imagen saltedpasta

Answer Link

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