ameenyoussef2 ameenyoussef2
  • 11-09-2021
  • Mathematics
contestada

Find the interest earned on $7500 invested at 3.8% compounded monthly for 4 years


$8729.11


$1229.11


$95.45


No correct answer

Respuesta :

feemarie86 feemarie86
  • 13-09-2021

Answer:

$87,291.05

Step-by-step explanation:

https://www.calculatestuff.com/financial/compound-interest-calculator?principal=75000.00&interest_rate=3.800&compound_frequency=12&term=4

Answer Link

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