Mathematics, 23.10.2021 04:30 Angelanova69134

A student’s parents invested $5,000 in q college savings account that pays 4.85% annual simple interest. No additional deposits or withdrawals will be made. Which amount is closes to the interest earned on the account at the end of 15 years?

A. $5,174.11
B. $10,174.11
C. $3,637.50
D. $8,637.50

Answers: 2

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A student’s parents invested $5,000 in q college savings account that pays 4.85% annual simple interest. No additional deposits or withdrawals will be made. Which amount is closes to the interest earned on the account at the end of 15 years? A. $5,174.11 B. $10,174.11 C. $3,637.50 D. $8,637.50

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A student’s parents invested $5,000 in q college savings account that pays 4.85% annual simple interest. No additional deposits or withdrawals will be made. Which amount is closes to the interest earned on the account at the end of 15 years?

A. $5,174.11
B. $10,174.11
C. $3,637.50
D. $8,637.50