How much total interest is earned on the original deposit


Consider a $4,500 deposit earning 10 percent interest per year for 10 years.

How much total interest is earned on the original deposit?

How much is interest earned on interest?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: How much total interest is earned on the original deposit
Reference No:- TGS02658660

Expected delivery within 24 Hours