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how much would Kendra have in her account after three years if she started with $500 and earned 2 percent interest compounding annually?
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how much would Kendra have in her account after three years if she started with $500 and earned 2 percent interest compounding annually?

User Aryaman
by
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2 Answers

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well she starts out with $500 and it being 2 percent she would earn $30 so it would come out $530

User Phil Carson
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3 votes
530.604
the equation is A = $500(1.02)^3
User Ilya Vorobiev
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