c9alvarluca6ssy c9alvarluca6ssy

11-05-2016
Mathematics

Answered

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

Verified Answer :

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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