Find the Compound Interest Earned

question 89

Multiple Choice

Find the compound interest earned. Round to the nearest cent.
-$700 at 8% compounded semiannually for 4 years

• A) $252.34
• B) $595.65
• C) $258.00
• D) $118.90

Understand how to introduce and highlight product, service, or idea benefits in persuasive messages.

Know methods for making the price of a product or service more acceptable in sales messages.

Apply the concept of the central selling point in persuasive messages.

Comprehend the structure and strategy behind claim and adjustment messages.

---

Definitions:

Health

The state of being free from illness or injury and includes physical, mental, and social well-being.

Safety

The condition of being protected from or unlikely to cause danger, risk, or injury.

Comfort

A state of physical ease and freedom from pain or constraint; also involves providing a sense of mental ease and well-being.

Trespass to Land

A legal term for entering someone's property without permission, constituting a civil wrong or tort.