Question

Karen has $40 in a savings account. The interest rate is 5%, compounded annually.

To the nearest cent, how much interest will she earn in 3 years?

Answer 1

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If 40000 is put in a savings account paying interest of 4 compounded annually from ACCT 2102 at Georgia State University, Perimeter College ... Which table has a factor of 1.00000 for 1 period at every interest rate? G - 5. ... If $30,000 is deposited in a savings account at the end of each year and the account pays interest of 5% compounded ...

86%(7)

Author: Yxdddy

Compound Interest Calcula

Explanation: