ECONOMICS (CBSE/UGC NET)

ECONOMICS

INCENTIVES

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Samantha deposits $300 each year into an account that earns 5.1% interest compounded annually. She makes no withdrawals. How much interest will Samantha’s account have earned after 3 years?
A
$45.90
B
$48.28
C
$348.28
D
None
Explanation: 
There is 1 question to complete.