27gipon01 27gipon01
  • 03-10-2021
  • Mathematics
contestada

Edward deposited ​$5,500 into a savings account 5 years ago. The simple interest rate is ​%2. How much money did earn in​ interest? What would be new account​ balance?

Respuesta :

bosm93
bosm93 bosm93
  • 03-10-2021

Answer:

6072.444

Step-by-step explanation:

x = 5,500(1+0.02)^5

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