Create an Account

Already have account?

Forgot Your Password ?

Home / Questions / John Adams opened a bank saving account with $8000 10 years ago Today the account balance ...

John Adams opened a bank saving account with $8000 10 years ago Today the account balance is $18000 If the account paid interest compounded annually how much interest on interest was earned

John Adams opened a bank saving account with $8,000 10 years ago. Today, the account balance is $18,000. If the account paid interest compounded annually, how much interest on interest was earned?

Question 7 options:

1) $3,242

2) $4,635

3) $5,786

4) $5,971

5) $6,096

 

May 21 2020 View more View Less

Answer (Solved)

question Subscribe To Get Solution

Related Questions