Question

Marty has $5,200 saved for his college education. He invests the money at 2.7% compound interest. How much will his account balance be after 5 years? Show all of your work.

Answer 1

Answer: 5,902$

Step-by-step explanation: You multiply 5,200 by 2.7 and then multiply that number by 5. Then you add that to the original amount. Your Welcome!!