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wasala18 wasala18
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4 months ago
Oswald has a five-year compound interest GIC. Its interest rate is 7.2% compounded monthly and its maturity value will be $76,243. To the nearest dollar, how much interest will he have earned over the five-year term?

▸ $49,500

▸ $53,250

▸ $26,743

▸ $22,993

▸ $19,243
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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live4outdoorslive4outdoors
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4 months ago
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wasala18 Author
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4 months ago
You make an excellent tutor!
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Helped a lot
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