Travis Invested $9,250 in an Account That Pays 6 Percent

question 7

Multiple Choice

Travis invested $9,250 in an account that pays 6 percent simple interest.How much more could he have earned over a 7-year period if the interest had compounded annually?

• A)$741.41
• B)$773.58
• C)$802.16
• D)$833.33
• E)$858.09

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