AIR MATH

Math Question

A student's parents imvested \( \$ 5,000 \) in a college savings account that pays \( 4.85 \% \) annual simple interest. No additional deposits or withdrawals will be made. \( \$ 5,174.11 \) Which amount is closest to the Interest earned on the account at the end of 15 years? \( \$ 10,174.11 \) \( \$ 3,637.50 \) \( \$ 8,637.50 \) CLEAR ALL

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