ECONOMICS
COMPOUND INTEREST
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Riley invested $1, 000 in savings bonds. If the bonds earn 6.75% interest compounded semi-annually, how much total will Riley’s bond be worth in 15 years?
|
|
$1, 584.62
|
|
|
$2, 651.39
|
|
|
$2, 706.86
|
|
|
$1, 825.10
|
Explanation:
There is 1 question to complete.