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Use the Table to Solve the Problem

Question 48

Multiple Choice

Use the table to solve the problem. Round to the nearest cent. Use the table to solve the problem. Round to the nearest cent. -Felipe Rivera's savings account has a balance of $4,277. After 5 years what will the amount of interest be at 6% compounded quarterly? A) $128.31 B) $1,488.52 C) $1,483.52 D) $1,474.52
-Felipe Rivera's savings account has a balance of $4,277. After 5 years what will the amount of interest be at 6% compounded quarterly?


A) $128.31
B) $1,488.52
C) $1,483.52
D) $1,474.52

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