You have just put $5,000 into an investment that offers a 10% annual yield, with interest compounded annually. Your total interest earned after two years will be

A)

$550.
B)

$1,000.
C)

$1,050.
D)

$1,100.

C

Business

You might also like to view...

What is the relationship between Apple's brand and its value proposition?

What will be an ideal response?

Business

The new drug proved to be highly effective, it has no side effects

A) properly constructed sentence B) comma splice C) lacks parallel parts D) dangler E) has unclear pronoun

Business