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Find the value of $1000 deposited for 5 years in an account paying 8% annual interest compounded

Find the value of $1000 deposited for 5 years in an account paying 8% annual interest compounded
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5 votes
Find the value of $1000 deposited for 5 years in an account paying 8% annual interest compounded

User Muhammad Imran
by
8.5k points

1 Answer

5 votes

Answer: 2%

Step-by-step explanation: i looked it up

User Micoru
by
8.2k points
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