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    Thomas Calculus Early Transcendentals
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    Exam 2: Functions
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    Solve the Problem. -Find the Amount of Interest Earned on the Following Deposit
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Solve the Problem. -Find the Amount of Interest Earned on the Following Deposit

Question 123

Question 123

Multiple Choice

Solve the problem.
-Find the amount of interest earned on the following deposit: $1,000 at 10% compounded annually for 8 years


A) $1357.95
B) $948.72
C) $1143.59
D) $2143.59

Correct Answer:

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