118k views
5 votes
Suppose you invest $5000 in a savings account paying 2.75% annual intrest. find the balance in the account after 25 years with intrest compounded the following ways

a. Annually

b. Monthly​

User Abumalick
by
4.2k points

1 Answer

6 votes

The answer to this problem is A

User John Saunders
by
4.6k points