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Find the Compound Interest Earned by the Deposit $11,000\$ 11,000 At 3%3 \%

Question 28

Multiple Choice

Find the compound interest earned by the deposit. Round to the nearest cent.
- $11,000\$ 11,000 at 3%3 \% compounded annually for 13 years


A) $4290.00\$ 4290.00
B) $4683.37\$ 4683.37
C) $3960.00\$ 3960.00
D) $5153.87\$ 5153.87

Correct Answer:

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