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Find the Interest Earned

Question 23

Multiple Choice

Find the interest earned. Assume Find the interest earned. Assume interest compounded daily, as in the following table, and use the exact number of days. Round to the nearest cent. -Amount: $4,070 Deposited: Sept 27 Withdrawn: Nov 10 A) $4,087.21 B) $24.66 C) $26.43 D) $17.21 interest compounded daily, as in the following table, and use the exact number of
days. Round to the nearest cent. Find the interest earned. Assume interest compounded daily, as in the following table, and use the exact number of days. Round to the nearest cent. -Amount: $4,070 Deposited: Sept 27 Withdrawn: Nov 10 A) $4,087.21 B) $24.66 C) $26.43 D) $17.21
-Amount: $4,070
Deposited: Sept 27
Withdrawn: Nov 10


A) $4,087.21
B) $24.66
C) $26.43
D) $17.21

Correct Answer:

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