$750 at a 4% annual compound interest rate over a period 4 years
A 4-column table with 4 rows. Column 1 is labeled year with entries 1, 2, 3, 4. Column 2 is labeled Beginning balance with entries 750 dollars, 780 dollars, blank, blank. Column 3 is labeled Interest earned with entries 30 dollars, 31 dollars and 20 cents, blank, blank. Column 4 is labeled Ending Balance with entries 780 dollars, 811 dollars and 20 cents, blank, blank.
Which of the following statements are true of the data? Check all that apply.
The starting balance of the 3rd year is $811.20.
The interest earned in the 3rd year is $31.20.
The ending balance for the 3rd year is $843.65.
The interest earned in the 4th year is $33.75.
The ending balance for the 4th year is $874.85.