asked 19.3k views
5 votes
Sharlene opened a new account and deposited $6,000.

- The bank pays 5.5% interest compounded annually.

- She makes no other deposits or withdrawals.

Which amount is closest to the amount in her account at the end of 5 years? 9 points

A. $7,841.76
B. $7,650.00
C. $6,330.00
D. 6,155.00

1 Answer

2 votes

Answer:

B

Explanation:

answered
User JohnRDOrazio
by
7.5k points
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