asked 56.9k views
5 votes
Kate currently has an account balance of $7,194.66. She opened the account 21 years ago with a deposit of $2,978.41. If the interest compounds daily, what is the interest rate on the account?

A. 4.2%
B. 1.5%
C. 8.4%
D. 15.7%

1 Answer

6 votes
just try it look it up on the math workshop it will give you the answer and  give you more exmples
answered
User Marcelog
by
8.7k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.