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You deposit $350 in an account that earns 4.75% annual interest semi-annually. How much money is in the account after 5 years?

You deposit $350 in an account that earns 4.75% annual interest semi-annually. How much money is in the account after 5 years?
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You deposit $350 in an account that earns 4.75% annual interest semi-annually. How much money is in the account after 5 years?

User Echoashu
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1 Answer

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$350 x 4.75= 1662.50

1662.5 x 5 = $8312.50

User ZaxLofful
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8.4k points
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