Question

You depost $572.34 into an account that pays 4.5% interest. How much interest do you earn after 5 years? (Use the formula I=rpt)

A. $128.78
B. $25.76
C. $12,877.65


I really need help!​

Answer 1

Hello!! I believe the correct answer is C!! If you do 572.34 x 4.5= 2,575.53 so then you multiply that by 5 which gets you 12,877.65!! ;))