What is the compound interest on a three-year, $100.00 loan at a 10 percent annual interest rate?
a. $10.00
b. $21.00
c. $33.10
d. $46.41
What is the compound interest on a three-year, $100.00 loan at a 10 percent annual interest rate?
a. $10.00
b. $21.00
c. $33.10
d. $46.41