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anonymous
 one year ago
Suppose you deposited $200 per month into a savings plan for 15 years, and at the end of that period your balance was $45,700. The amount you earned in interest was
a. $10,700.
b. impossible to compute without knowing the APR.
c. $9,700
anonymous
 one year ago
Suppose you deposited $200 per month into a savings plan for 15 years, and at the end of that period your balance was $45,700. The amount you earned in interest was a. $10,700. b. impossible to compute without knowing the APR. c. $9,700

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DN_20
 one year ago
Best ResponseYou've already chosen the best response.1The answer is B, since you didn't give any information about the APR.
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