Find the compound interest on $ 10500 at 8% per annum for 1 yr and 3 months, compounded annually.

Find the compound interest on $ 10500 at 8% per annum for 1 yr and 3 m

1.	Find the compound interest on $ 10500 at 8% per annum for 1 yr and 3 months, compounded annually.
A.	$ 1066.80
B.	$ 1154.20
C.	$ 1048.10
D.	$ 1124.50
Answer» B. $ 1154.20

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Find the compound interest on $ 10500 at 8% per annum for 1 yr and 3 months, compounded annually.

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