Solve the Problem

question 52

Multiple Choice

Solve the problem. Round to the nearest cent as needed.
-Samantha's savings account has a balance of $4643. After 25 years, what will the amount of interest be at 6% compounded annually?

• A) $15,289.16
• B) $15,275.16
• C) $15,284.16
• D) $2785.80

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Definitions:

Numbers

Numerical digits or values used for counting, measuring, and performing mathematical operations.

Capability

The ability or quality that something has to perform or achieve a certain task or function.

Without Being Detected

Conducting activities in a manner that avoids discovery or notice by others.

Network & Sharing

A feature in operating systems that enables the sharing of data, resources, and files among multiple computers over a network.