hghubbard1 hghubbard1

20-11-2020
Mathematics

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Eddie deposits $1090 in an account that earns 6% interest compounded annually for 3 years. What is the total interest earned after 3 years? Round to the nearest cent.
A: 196.20
B: 208.20
C: 1286.20
D: 1298.20

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cdkonye cdkonye

20-11-2020

Answer:

Step-by-step explanation:

Eddie deposits $1090 in an account that earns 6% interest compounded annually for 3 years. What is the total interest earned after 3 years? Round to the nearest cent.

A: 196.20

B: 208.20

C: 1286.20

D: 1298.20

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