Asked by Suzy

Brody deposited $500 into an account that
earns 4.2% interest compounded annually. He
makes no additional deposits and no withdrawals.
Approximately how much interest will the account
have earned after 7 years?

A $167
B $420
C $542
D $665

My possible answers are A or D. I'm just having a hard time figuring out which one would be the correct one. Please help. I really appreciate it. Thank you!
Answered by sri
search compound interest calculator in google and place ur values

i think D is correct
Answered by Suzy
Awesome, thank you! :)
Answered by sri
:) Welcome
Answered by Steve
nope. D is the total amount in the account, but is not the correct answer.
Answered by king ghost midas
Im pretty sure its D, I'll be back later with the 100% correct answer though
Answered by king ghost midas
It doesn't show you which one you get wrong on the test but im pretty sure D is correct.
I made an eighty so I still did pretty good lol
Answered by my roblox username is game2541
its A
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