Register
6. A person invests J$5000 in a building society account which pays 5% interest each year. If the interest is added to the account at the end of each year, what will be the balance of the account after
167k views
2 votes
6. A person invests J$5000 in a building society account which pays 5% interest each year. If the interest is added to the account at the end of each year, what will be the balance of the account after 3 years?​

User Setop
by
8.1k points

1 Answer

3 votes

Answer:

Balance at the end of 3 years will be $5,788.13

Explanation:

6. A person invests J$5000 in a building society account which pays 5% interest each-example-1
User Demersus
by
8.5k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.8m questions

11.4m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Write words to match the expression. 24- ( 6+3)
Link Copied!