Solved

Felix Deposited $500 into an Account Two Years Ago

Question 99

Multiple Choice

Felix deposited $500 into an account two years ago.The first year he earned 3 percent interest and the second year he earned 5 percent interest.How much money does Felix have in his account now?


A) $540.75
B) $540.80
C) $540.85
D) None of the above are correct to the nearest cent.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions