The principal that yields a compound interest of 420 during the second year at 5% per annum is

The principal that yields a compound interest of 420 during the sec

1.	The principal that yields a compound interest of 420 during the second year at 5% per annum is
A.	7,000
B.	5,000
C.	8,000
D.	6,000
Answer» D. 6,000

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The principal that yields a compound interest of 420 during the second year at 5% per annum is

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The principal that yields a compound interest of
420 during the second year at 5% per annum is