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Jamie’s invested $1500 in a savings account. The account earns 3.8% interest, compounded monthly. How much money will Jamie have in her account after 4 years if she does not make and deposits or widthdraw?
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7 votes
Jamie’s invested $1500 in a savings account. The account earns 3.8% interest, compounded monthly. How much money will Jamie have in her account after 4 years if she does not make and deposits or widthdraw?( round to the nearest dollar)

User Sdouglass
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7.5k points

2 Answers

7 votes
The answer is 1741 ooo
User Nick Gorham
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7.3k points
9 votes
I am pretty sure that the answer would be $1741
User Freshtop
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7.2k points
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