lucasweinman lucasweinman
  • 26-05-2020
  • Mathematics
contestada

Suppose you deposit $1000 in a college fund that pays 7.2% interest compounded
annually. Find the account balance after 5 years.

Respuesta :

gilbertazavedo72
gilbertazavedo72 gilbertazavedo72
  • 26-05-2020

Answer: A = P(1 + r/n)nt

= $1415.71

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