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Find the Interest Earned

Question 45

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 -Amount: $16,218 Deposited: Mar 16 Withdrawn: May 21 A) $161.74 B) $105.30 C) $16,320.96 D) $102.96 interest compounded daily, as in the following table, and use the exact number of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 -Amount: $16,218 Deposited: Mar 16 Withdrawn: May 21 A) $161.74 B) $105.30 C) $16,320.96 D) $102.96
-Amount: $16,218
Deposited: Mar 16
Withdrawn: May 21


A) $161.74
B) $105.30
C) $16,320.96
D) $102.96

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