Use this information to answer the following question. If $100 is invested at a 12% interest rate,how much will it grow to at the end of the three years?
A) $100 * .935 * 3
B) $100 ÷ .816
C) ($100 ÷ 2.624) * 3
D) $100 * 2.624

Question

Use this information to answer the following question.  If $100 is invested at a 12% interest rate,how much will it grow to at the end of the three years?
A) $100 * .935 * 3 
B) $100 ÷ .816 
C) ($100 ÷ 2.624) * 3 
D) $100 * 2.624

Quizplus · Accepted Answer

The Answer of Use this information to answer the following question.  If $100 is invested at a 12% interest rate,how much will it grow to at the end of the three years?
A) $100 * .935 * 3 
B) $100 ÷ .816 
C) ($100 ÷ 2.624) * 3 
D) $100 * 2.624

Use This Information to Answer the Following Question