If you put $10 each week into a savings account that paid 6% interest compounded yearly, how much money would you have in your account after three years? (need solution pls)

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Maxoumime asked Sep 1, 2023

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If you put $10 each week into a savings account that paid 6% interest compounded yearly, how

much money would you have in your account after three years?

(need solution pls)

Mathematics
middle-school

Maxoumime asked Sep 1, 2023

by Maxoumime

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1 Answer

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Explanation:

so,

compound interest formula is a=(1+r/)

10+6/100

=16/100=0.16

Nhrcpt answered Sep 7, 2023

by Nhrcpt

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