Multiple Choice
Roberto just deposited $11,500 into his savings account at Security Savings Bank.The bank will pay ..55 percent interest, compounded annually, on this account.How much interest on interest will he earn over the next 6 years?
A) $6.78
B) $9.5.26
C) $87.03
D) $7.60
E) $7.84
Correct Answer:
Verified
Correct Answer:
Verified
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