Mathematics, 18.03.2021 01:00 moraleskarina491

An investment of $6,599.20 earns 4.2% interest compounded monthly over 7 years. Approximately how much interest is earned on the investment? a.
$2,250.96
b.
$4,308.21
c.
$6,762.59
d.
$8,850.20

Answers: 1

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An investment of $6,599.20 earns 4.2% interest compounded monthly over 7 years. Approximately how mu...

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More questions: Mathematics Another questions

An investment of $6,599.20 earns 4.2% interest compounded monthly over 7 years. Approximately how much interest is earned on the investment? a. $2,250.96 b. $4,308.21 c. $6,762.59 d. $8,850.20

Answers

Another question on Mathematics

An investment of $6,599.20 earns 4.2% interest compounded monthly over 7 years. Approximately how much interest is earned on the investment? a.
$2,250.96
b.
$4,308.21
c.
$6,762.59
d.
$8,850.20