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Find the Compound Interest Earned by the Deposit $1950\$ 1950 At 3.7%3.7 \%

Question 52

Multiple Choice

Find the compound interest earned by the deposit. Round to the nearest cent.
- $1950\$ 1950 at 3.7%3.7 \% compounded annually for 18 years


A) $1298.70\$ 1298.70
B) $1666.38\$ 1666.38
C) $1226.55\$ 1226.55
D) $1800.18\$ 1800.18

Correct Answer:

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