An account was opened with $1,000 ten years ago. Today, the account balance is $1,500. If the
Fantastic news! We've Found the answer you've been seeking!
Question:
- An account was opened with $1,000 ten years ago. Today, the account balance is $1,500. If the account paid interest compounded annually, how much interest on interest was earned?
- A)$86.20
- B)$93.10
- C)$102.39
- D)$130.28
- E)$500.00
Expert Answer:
Posted Date:
