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

asked Oct 11, 2018 1.3k views

1 vote

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2 votes

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

Phil Carson answered Oct 12, 2018

7.9k points

3 votes

530.604
the equation is A = $500(1.02)^3

Ilya Vorobiev answered Oct 15, 2018

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