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Hope opened a savings account and deposited $500 as principal. The account earns 7% interest, compounded annually. What is the balance after 9 years? Round to the nearest cent a…

Hope opened a savings account and deposited $500 as principal. The account earns 7% interest, compounded annually. What is the balance after 9 years? Round to the nearest cent a…
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Hope opened a savings account and deposited $500 as principal. The account earns 7% interest, compounded annually. What is the balance after 9 years?

Round to the nearest cent and don't include any $ signs.

User Jaeheung
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1 Answer

4 votes
100000.90 have a nice day sir or maam

User Harshal Jadhav
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7.8k points
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