You depost $572.34 into an account that pays 4.5% interest. How much interest do you earn after 5 years? (Use the formula I=rpt)

Question

You depost $572.34 into an account that pays 4.5% interest. How much interest do you earn after 5 years? (Use the formula I=rpt)

A. $128.78
B. $25.76
C. $12,877.65

I really need help!​

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Helga 3 years 2021-08-28T00:41:55+00:00 1 Answers 9 views 0

Answers ( )

  1. Nick
    0
    2021-08-28T00:43:34+00:00
    Reply

    Hello!! I believe the correct answer is C!! If you do 572.34 x 4.5= 2,575.53 so then you multiply that by 5 which gets you 12,877.65!! ;))

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