Question

Lorena deposited $2372 into an account that earns 4.5% interest which is compounded once a year. how much money will lorena have in the account in 20 years?

Answer 1

5720.59

Explanation:

I know it's correct

Answer 2

A=p(1+i/k)^kn,,A=2372(1+0.045)^20=5,720.59