document.write( "Question 201910: Please Help:
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document.write( "Find the compound interest earned by the deposit. Round to the nearest cent.\r
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document.write( "$11,000 at 11% compounded annually for 16 years
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document.write( " A) $18,150.00
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document.write( " B) $47,419.84
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document.write( " C) $41,630.48
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document.write( " D) $19,360.00
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Algebra.Com's Answer #152184 by rfer(16322)![]() ![]() ![]() You can put this solution on YOUR website! A=P*(1+(r/n))^(1*16) \n" ); document.write( "A=11000*(1+.11)^16 \n" ); document.write( "A=11000*5.310894=58419.84-11000=47419.84 (B) \n" ); document.write( " |