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QUESTION 5 - 1 POINT Rebecca invests $700 into an account with a 2.9% interest rate that is compounded semiannually. How much money will she have in this account if she keeps it…

QUESTION 5 - 1 POINT Rebecca invests $700 into an account with a 2.9% interest rate that is compounded semiannually. How much money will she have in this account if she keeps it…
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QUESTION 5 - 1 POINT

Rebecca invests $700 into an account with a 2.9% interest rate that is compounded semiannually.
How much money will she have in this account if she keeps it for 5 years?
Round your answer to the nearest dollar.
Provide your answer below:

User Tobinharris
by
7.8k points

2 Answers

4 votes

Answer:

$814 she kept for 5 years if she don't spend it

Explanation:

User Cristiano Fontes
by
8.4k points
2 votes
Rebecca will have $814 in the account if she keeps it for 5 years.
User Mark Locklear
by
8.0k points
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