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antenna deposit $450 into an account that pays 5% interest compounded annually she did not make any additional deposits or withdrawals which amount is closest to the value of the account at the end of 6 years A$603.04B$585.00C$463.67D$463.50

User Xavier Vega
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1 Answer

11 votes
11 votes

Compound interest formula is given as


P=A(1+r)^n

Where

P is the final amount

A is the initial amount

r is the rate in percent

n is the numb

User Jim Foye
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