Answered

Discover a wealth of knowledge at Westonci.ca, where experts provide answers to your most pressing questions. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

Daniel saved for his child's college education by saving $260 per month for 17 years. He was able to earn 12.7% interest compounded monthly and accumulated a total of $185842.74 at the end of the 17 years. How much interest did he earn?
a. $132802.74
b. $56134
c. $1992.24
d. $4420
e. $21698.55

Sagot :

Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. We hope this was helpful. Please come back whenever you need more information or answers to your queries. We're dedicated to helping you find the answers you need at Westonci.ca. Don't hesitate to return for more.