heylolIlovegodforeve heylolIlovegodforeve
  • 25-03-2021
  • Mathematics
contestada

An employee put $3,000 in a retirement account that offers 7% interest
compounded annually. The employee makes no additional deposits or
withdrawals. Which amount is closest to the interest the employee will
have earned at the end of 5 years?
A. $357.21
B. $1,207.66
C. $499.15
D. $2,567.33

Respuesta :

nonee12223 nonee12223
  • 25-03-2021

Answer:

B

Step-by-step explanation:

Answer Link

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