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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 bala…

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 bala…
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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
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1 Answer

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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
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