Multiple Choice
Calculate the amount of interest you'll have at the end of the indicated period.
-You invest $10,000 in an account that pays simple interest of 2% for 14 years.
A) $200.00
B) $1905.46
C) $2800.00
D) $1003.29
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q119: Calculate the amount of interest you'll have
Q120: Write the word or phrase that best
Q121: Assume you have a balance of $3200
Q122: Find the annual percentage yield (APY).<br>-A bank
Q123: For the given principal, interest rate, and
Q125: Decide whether the statement makes sense.
Q126: Solve the problem.<br>-Suppose a government decided to
Q127: Solve the equation for the unknown.<br>-
Q128: Use the compound interest formula for compounding
Q129: Solve the problem.<br>-Suppose you start saving today