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If $2500 is invested at a compound interest rate of 5% per annum, what will be t

Practice Questions

Q1
If $2500 is invested at a compound interest rate of 5% per annum, what will be the total amount after 4 years?
  1. $3031.25
  2. $2500.00
  3. $2800.00
  4. $2900.00

Questions & Step-by-Step Solutions

If $2500 is invested at a compound interest rate of 5% per annum, what will be the total amount after 4 years?
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