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$1,200 is invested in an account earning 6.5% interest compounded annually. How much will there be in the account after 3 years?
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4 votes
$1,200 is invested in an account earning 6.5% interest compounded annually. How much will there be in the account after 3 years?

$1,200 is invested in an account earning 6.5% interest compounded annually. How much-example-1
User Faizan Younus
by
6.2k points

2 Answers

4 votes

Answer:

B. $1,449.54

Explanation:

That's the answer

User Hein Haraldson Berg
by
6.1k points
4 votes
There would be $258.22 will be in the account after 3 years.
User Himanshu Upadhyay
by
5.8k points
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