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Find the Compound Amount for the Deposit $1900\$ 1900 At 5%5 \%

Question 136

Multiple Choice

Find the compound amount for the deposit. Round to the nearest cent.
- $1900\$ 1900 at 5%5 \% compounded quarterly for 4 years


A) $2309.46\$ 2309.46
B) $1996.80\$ 1996.80
C) $2317.79\$ 2317.79
D) $2280.00\$ 2280.00

Correct Answer:

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