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tetleyelmo tetleyelmo
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7 years ago
Kathy deposited $100 in a savings account that paid 8% interest, compounded annually. How much compound interest did she earn after 2 years?
A) $15.64   
B) $16.64   
C) $8.08   
D) $8.00   
E) $8.64
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 1st
Authors:
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BlimpBlimp
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7 years ago
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Pol. Sci. Major
Minoring in Business
Columbia University Sophomore

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tetleyelmo Author
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7 years ago
Thanks
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Thanks for your help!!
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