c9alvarluca6ssy
c9alvarluca6ssy c9alvarluca6ssy
  • 11-05-2016
  • Mathematics
contestada

Tucker invested $3500 at 2% interest compounded annually.
How much interest will he earn in 3 years?

A.$70.00

B.$210.00

C.$214.23

D.$3714.23

Respuesta :

judlpz1
judlpz1 judlpz1
  • 18-05-2016
The answer is B you take $3500.00 x 2%= $70.00 in one year, take $70.00 x 3 because it is 3 years, the answer is $210.00
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