Question

Debbie has 4,000 in an account the interest rate is 15% compounded annually to the nearest and how much interest will she earn in 2 years

need answers fast please and thank you​

Answer 1

Explanation:

The formula you want is: fv=p(1+int/c)^(nc)

future value

principal

int

compound

years

fv=4000(1.04/4)^(16)=$4690.31