Multiple Choice
Daniel has $300 in a bank account.Some years ago he put $213.20 into this account,and it has earned 5 percent interest every year since then.How many years ago did Daniel open his account?
A) 4 years
B) 5 years
C) 6 years
D) 7 years
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q183: At an annual interest rate of 10
Q186: A bond promises to pay $500 in
Q203: On the Internet you find the following
Q204: At which interest rate is the present
Q206: In answering which of the following questions
Q208: Your accountant tells you that if you
Q209: At which interest rate is the present
Q210: At which interest rate is the present
Q211: Veronica deposited $1,000 into an account two
Q213: You could borrow $2,000 today from Bank