Answers CMS 2026-2027 Economics and Personal Finance CREDIT RECOVERY PretestQuestion 8

8

lesson pretestMultiple Choice

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Question 8 • CMS 2026-2027 Economics and Personal Finance CREDIT RECOVERY

What is the compound interest on a three-year, 100 point 0 0 dollars loan at a 10 percent annual interest rate?

Answer

A

10 point 0 0 dollars

B

33 point 1 0 dollars

C

46 point 4 1 dollars

D

21 point 0 0 dollars

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