ECONOMICS (CBSE/UGC NET)

ECONOMICS

COMPOUND INTEREST

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Your 3 year investment of $20, 000 received 5.2% interest compounded annually. What is your total return?
A
$23, 285.05
B
$3, 285.05
C
$2, 385
D
$32, 285
Explanation: 
There is 1 question to complete.