Question

Mr.Robbins sold his house and deposited his $84,500 earnings into a savings account for one year. The account compounds at an annual rate of 3%. Find the amount that Mr.Robbins will have at the end of the year.

Answer 1

Mr robbins would have $87,035 at the end of the year

Answer 2

Answer:
Mr. Robbins will have $87,035 at the end of the year!