Use the compound interest table to calculate the maturity value on Jackson s principal of $7,250 at 12% compounded annually for five years.
A) $22,517.40
B) $20,876.84
C) $16,935.62
D) $12,776.98

Question

Use the compound interest table to calculate the maturity value on Jackson s principal of $7,250 at 12% compounded annually for five years. 
A) $22,517.40 
B) $20,876.84 
C) $16,935.62 
D) $12,776.98

Quizplus · Accepted Answer

The Answer of Use the compound interest table to calculate the maturity value on Jackson s principal of $7,250 at 12% compounded annually for five years. 
A) $22,517.40 
B) $20,876.84 
C) $16,935.62 
D) $12,776.98

Use the Compound Interest Table to Calculate the Maturity Value