Liam invests $5,000 in an account that pays 2.5% compound interest annually. He uses the expression P(1+r)t to find the total value of the account after t years. What will be the total value of the account

asked Sep 2, 2019 213k views

0 votes

6.2k points

Please log in or register to add a comment.

4 votes

Answer:

The final balance is $5,389.

The total compound interest is $389.

Explanation:

Terry Bu answered Sep 7, 2019

6.0k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.6m questions

8.7m answers