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If $5,500 is invested in an account that pays 3% interest compounded annually, how much money will be in the account at the end of ten years? $7,320.50 $5,667.25 $75,822.17 $7,391.54
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If $5,500 is invested in an account that pays 3% interest compounded annually, how much money will be in the account at the end of ten years?

$7,320.50
$5,667.25
$75,822.17
$7,391.54

User Alessandro Menti
by
6.3k points

1 Answer

6 votes
he would have 7150 in his account
User Mbanda
by
6.2k points
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