Kate currently has an account balance of $7,194.66. She opened the account 21 years ago with a deposit of $2,978.41. If the interest compounds daily, what is the interest rate on the account?
A. 4.2%
B. 1.5%
C. 8.4%
D. 15.7%
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Kate currently has an account balance of $7,194.66. She opened the account 21 years ago with a deposit of $2,978.41. If the interest ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
The Food Co-op Club boasts that it has 5,000 members and a 200% increase in sales. Their markup is 36% based on cost. What would be its percent markup if selling price were the base?
Answers (1)
What is the y intercept in 7x+y=3
Answers (1)
What is the greatest common factor of 8 and 13
Answers (1)
84-63i in conjugate form?.
Answers (1)
Evaluate the following expression if a = - 6, b = 2/3 and c = - 5.5 : - ab - ac
Answers (2)
New Questions in Mathematics
Jade wants to visit her friends but wants to know if she can visit both of them without driving over 30km. Jade lives 11.4 km of east of her friend, Jessica. Her other friend, Olivia, lives 8.9km south of Jessica.
Answers (1)
Solve the equation. -10.1=w+5.3 what does w equal
Answers (1)
Solve by elimination method : x - y = 2, x + y = 12.
Answers (1)
What is the square root of 9764
Answers (2)
9 more than one-fourteenth of some number, W can be expressed algebraically as
Answers (1)