Multiple Choice
Roger just deposited $13,000 into his account at Market Place Bank. The bank will pay 2.3 percent interest, compounded annually, on this account. How much interest on interest will he earn over the next 15 years?
A) $638.16
B) $799.28
C) $821.03
D) $906.15
E) $923.70
Correct Answer:
Verified
Correct Answer:
Verified
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