What is the total interest earned, including compound interest, if you left $500 in a savings account with a 5% annual return for 3 years? (Just the interest) O $78.81 O $576.98 O $15.18 $76.89
What is the total interest earned, including compound interest, if you left $500 in a savings account with a 5% annual return for 3 years? (Just the interest) O $78.81 O $576.98 O $15.18 $76.89
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
ChapterCSR: Contents Of Student Resources
Section: Chapter Questions
Problem 7.36EP
Related questions
Question
![What is the total interest earned, including compound interest, if you left $500 in a savings account
with a 5% annual return for 3 years? (Just the interest)
O $78.81
O $576.98
O $15.18
$76.89](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F847608a7-c2e1-431a-90b9-10d7b82c91e3%2F7e74188e-8508-45f5-96c6-3d3e5a4d4b43%2Fmnj9ym9_processed.jpeg&w=3840&q=75)
Transcribed Image Text:What is the total interest earned, including compound interest, if you left $500 in a savings account
with a 5% annual return for 3 years? (Just the interest)
O $78.81
O $576.98
O $15.18
$76.89
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps with 2 images
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Recommended textbooks for you
![Holt Mcdougal Larson Pre-algebra: Student Edition…](https://www.bartleby.com/isbn_cover_images/9780547587776/9780547587776_smallCoverImage.jpg)
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL
![College Algebra](https://www.bartleby.com/isbn_cover_images/9781938168383/9781938168383_smallCoverImage.gif)
![Intermediate Algebra](https://www.bartleby.com/isbn_cover_images/9780998625720/9780998625720_smallCoverImage.gif)
![Holt Mcdougal Larson Pre-algebra: Student Edition…](https://www.bartleby.com/isbn_cover_images/9780547587776/9780547587776_smallCoverImage.jpg)
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL
![College Algebra](https://www.bartleby.com/isbn_cover_images/9781938168383/9781938168383_smallCoverImage.gif)
![Intermediate Algebra](https://www.bartleby.com/isbn_cover_images/9780998625720/9780998625720_smallCoverImage.gif)
![Glencoe Algebra 1, Student Edition, 9780079039897…](https://www.bartleby.com/isbn_cover_images/9780079039897/9780079039897_smallCoverImage.jpg)
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
![College Algebra](https://www.bartleby.com/isbn_cover_images/9781305115545/9781305115545_smallCoverImage.gif)
College Algebra
Algebra
ISBN:
9781305115545
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning