contestada

1. You deposit $250 in a new savings account paying 3% interest compounded annually.
If the account is left alone, how much money will be in the account at the end of 5
years? *

Respuesta :

angelitopineda261

Answer:

$250 (your deposit) + 3% (interest) = $257.5 (total in a year)

$257.5 (total in a year) x 5 (end of 5 years) = $1,287.5 (total)

Otras preguntas