Dr. Kershaw invests $25,000. She earns 10.0% simple annual interest on her investment. How much more interest would Dr. Kershaw earn after 2 years if her investment had earned 10.0% annual interest compounded annually? 15 O A $5,000 B $0 O C $5,250 D $250 6 7 8. 10

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Dr. Kershaw invests $25,000. She earns 10.0% simple annual interest on her investment. How
much more interest would Dr. Kershaw earn after 2 years if her investment had earned 10.0%
annual interest compounded annually?
15
O A $5,000
B $0
O C $5,250
$250
1
3
8.
10
Transcribed Image Text:Dr. Kershaw invests $25,000. She earns 10.0% simple annual interest on her investment. How much more interest would Dr. Kershaw earn after 2 years if her investment had earned 10.0% annual interest compounded annually? 15 O A $5,000 B $0 O C $5,250 $250 1 3 8. 10
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