Find the amount of interest earned by the following certificates of deposit. Assume daily compounding. Round to the nearest cent.Amount: $57,624.54Interest rate: 6%Time: 10 years

A. $37,379.01
B. $47,369.04
C. $58,409.25
D. $20,158.53


Answer: B

Mathematics

You might also like to view...

Simplify. Assume that all variables represent any real number.

A. -7x
B. -7
C. 7
D. 7x

Mathematics

Decide whether the given number is a solution of the given equation.Is -2 a solution of 5x = -10?

A. no B. yes

Mathematics

Evaluate.(5 + 10) ÷ 5

A. 15 B. 3 C. 75 D. 20

Mathematics

Solve the proportion and check. = 

A. 32
B. 72
C. - 4
D. -16

Mathematics