Register

Shane deposits $500 in an account that earns 7.4% interest compounded annually. What is the balance in the account after 3 years

Shane deposits $500 in an account that earns 7.4% interest compounded annually. What is the balance in the account after 3 years
211k views
4 votes
Shane deposits $500 in an account that earns 7.4% interest compounded annually. What is the balance in the account after 3 years

User Jignesh Kheni
by
8.6k points

2 Answers

5 votes

Answer:

116.50 :-)

Explanation:

im three years late though

User Bart Weber
by
8.8k points
2 votes
400$ i think is the answer

User Saleh Feek
by
8.0k points
← Prev Question Next Question →

No related questions found

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

9.4m questions

12.2m answers

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!