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29 March, 23:06

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%

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Answers (1)
  1. 29 March, 23:40
    0
    Just try it look it up on the math workshop it will give you the answer and give you more exmples
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