Lindsay invested $4500 at 4% interest compounded annually.

How much interest will she earn in 10 years?

A.
$180.00

B.
$187.27

C.
$1800.00

D.
$2161.10

Question

Lindsay invested $4500 at 4% interest compounded annually. 

How much interest will she earn in 10 years?
  
 
 

 
 

  

  A. 
  $180.00   
   

 
 

  

  B. 
  $187.27   
   

 
 

  

  C. 
  $1800.00   
   

 
 

  

  D. 
  $2161.10

anonymous · Answer

@Arielsweetlove01 can you help please

anonymous · Answer

@graysondeblock  can you help me please

anonymous · Answer

@iPwnBunnies  can you help me please

anonymous · Answer

@undeadknight26 can you help me please

anonymous · Answer

@SolomonZelman CAN YOU HELP ME PLEASE

solomonzelman · Answer

SH^T I got disconnected !

solomonzelman · Answer

$\LARGE\color{blue}{ \bf   A=P(1+\frac{r}{n} )^{nt}  }$

anonymous · Answer

d

solomonzelman · Answer

A is the result after the investment
P is the initial investment
r is the rate in decimal (so if you had %4 rate , you put in 0.04 for r)
n is the number of times the interest is compounded each year
t is the number of years

anonymous · Answer

are you sure @shearman

anonymous · Answer

Yeah he's right it is D I worked it out

anonymous · Answer

This is my work

anonymous · Answer

thanks @Veronica2479