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Compound interest means that interest is calculated on OA. the installment of an annuity OB. only interest earned to date O c. principal only D.

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Compound interest means that interest is calculated on OA. the installment of an annuity OB. only interest earned to date O c. principal only D. principal AND all interest earned to date. If you invest $1,100 at the end of every year for six years at an interest rate of 8%, the balance of your investment in 6 years will be closest to Click the icon to view the future value of $1 table.) (Click the icon to view the future value of annuity of $1 table> O A. $8,070 OB. 51,746 OC. $5,085 OD $6,600 6 Data Table ho - X Future Value of Annuity of $1 Periods 8% 3 3.246 4 4506 5 5.867 6 7336 10% 3.310 4.641 6.105 7716 12% 3 374 4.779 6.353 8.115 14% 3.440 4.921 6.610 8.536 Print Done Data Table Future Value of $1 Periods 3 4 5 6 8% 1.260 1.360 1.469 1.587 10% 1.331 1.464 1.611 1.772 12% 1.405 1.574 1.762 1.974 14% 1.482 1.689 1.925 2.195

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