ted $5,000 ten years ago. He expected to have $13,000 today He has netther added...
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ted $5,000 ten years ago. He expected to have $13,000 today He has netther added nor withdrawn any money since his inital Burt invest investment. All interest was reinvested and compounded annually, As it turns out, he only has $11,500 in his account today Pick the true statement related to Burt's investment from below. Multiple Choice He camed simple interest rather than compound interest He earned a lower interest rate than he expected He did not earn any interest on interest as he expected
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