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Use Values from the Compound Interest Table to Find the Compound

Question 47

Multiple Choice

Use values from the compound interest table to find the compound interest. Round to the nearest cent. Use values from the compound interest table to find the compound interest. Round to the nearest cent. -$9,000 at 8% compounded annually for 16 years A) $10,800.00 B) $19,549.52 C) $11,520.00 D) $21,833.46
-$9,000 at 8% compounded annually for 16 years


A) $10,800.00
B) $19,549.52
C) $11,520.00
D) $21,833.46

Correct Answer:

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