The Amount a in an Account Is Given by the Formula

question 22

Multiple Choice

The amount A in an account is given by the formula A = p + i where p is the principal and i is the interest. How much interest was earned if an original deposit (the principal) of $4,450 has grown to be $4,720?

• A) $260
• B) $270
• C) $255
• D) $265
• E) $290

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