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Find the Compound Interest Earned by the Deposit $1260\$ 1260 At 4.1%4.1 \%

Question 169

Multiple Choice

Find the compound interest earned by the deposit. Round to the nearest cent.
- $1260\$ 1260 at 4.1%4.1 \% compounded semiannually for 10 years


A) $516.60\$ 516.60
B) $630.74\$ 630.74
C) $283.48\$ 283.48
D) $623.12\$ 623.12

Correct Answer:

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