Posted by: Pdfprep
Post Date: February 1, 2021
An institution offers an 8 percent compound interest rate annually for six years, for an investment of S250,000.
What is the total amount of interest that would be received over the six years’?
A . $370,000.00
B . $396718.58
C . $146,718.58
D . $120.000 00
Answer: B
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