dmosle8147 dmosle8147

21-09-2022
Mathematics

contestada

Mr. Chen put $3500 into an IRA retirement account that offers 7.5% interest compounded annually. Mr. Chen makes no withdraws or additional deposits. Which amount is closest to the interest Mr. Chen will have earned at the end of 8 years?

A. $2100
B. $6242.17
C. $95371700000
D. $2742.17

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