Compute the compound interest.John Lee's savings account has a balance of $3233. After 5 years, what will the amount of interest be at 5% compounded annually? Round to the nearest dollar.

A. $161
B. $893
C. $884
D. $898


Answer: B

Mathematics

You might also like to view...

Multiply and simplify. ? 

A.  
B. 1
C.
D.  

Mathematics

Provide an appropriate response.Add the radicals, simplifying if possible:   + 

A.
B. 13
C. 5
D. 5

Mathematics

Solve the system using the inverse of the coefficient matrix of the equivalent matrix equation. x - 2y + 3z = 114x + y - z = 42x - y + 3z = 10

A. (2, 3, 5) B. (2, -3, 1) C. (-2, -3, 3) D. No solution

Mathematics

Simplify. ÷ 

A.
B.
C.
D.

Mathematics