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Solve the Problem $919\$ 919 After 6 Years, What Will the Amount of Interest

Question 81

Multiple Choice

Solve the problem. Round your answer to the nearest cent.
-Andrea Gilford's savings account has a balance of $919\$ 919 . After 6 years, what will the amount of interest be at 4%4 \% compounded quarterly?


A) $247.89\$ 247.89
B) $252.89\$ 252.89
C) $18.38\$ 18.38
D) $238.89\$ 238.89

Correct Answer:

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