You invest $1300 in account that has an annual interest rate of 5% compounded annually. How much money will be in the account after 10 years

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14-02-2018
Mathematics

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You invest $1300 in account that has an annual interest rate of 5% compounded annually. How much money will be in the account after 10 years

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aje0112 aje0112 · Answer 1 · 2018-02-16T02:57:53+01:00

aje0112 aje0112

16-02-2018

if you think about it and you use a calculator and do 1300×5% it will give you a number and divide it by 10 and there you should get you answer like that.

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