For 25 years, you deposited $4500 each year into an investment account that earned 6.5% interest. Determine how much total interest you earned from this investment. Group of answer choices $152,494.55 $21,724.65 $159,058.07 $430,616.15
For 25 years, you deposited $4500 each year into an investment account that earned 6.5% interest. Determine how much total interest you earned from this investment. Group of answer choices $152,494.55 $21,724.65 $159,058.07 $430,616.15
Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter7: Applying Fractions
Section7.6: Percents Problems
Problem 8ST
Related questions
Question
For 25 years, you deposited $4500 each year into an investment account that earned 6.5% interest. Determine how much total interest you earned from this investment.
Group of answer choices
$152,494.55
$21,724.65
$159,058.07
$430,616.15
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