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Answer :
Answer: 12
Step-by-step explanation:
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Final answer:
Orlando's TVM Solver inputs suggest that the $3600 will earn compound interest for 12 years.
Explanation:
In the TVM Solver, the N input represents the total number of compounding periods for the investment. Given that N is set to 12, and the standard convention is to compound interest annually, this implies that the $3600 will earn compound interest for 12 years. Therefore, the correct answer to the question 'For how many years will the $3600 earn compound interest according to what Orlando has entered into the TVM Solver?' is Option A. 12.
Learn more about Compound Interest here:
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