If you invest $1,500 today in a bank that gives you 5% annual interest rate, which of theses items can you buy in two years

asked Feb 15, 2023 79.3k views

4 votes

6.1k points

Please log in or register to add a comment.

0 votes

Answer: electronics worth $1,650

1500 (1+5%)^2 = $1653.75

3.75 dollars will be left over.

Explanation:

Charles Pehlivanian answered Feb 21, 2023

5.6k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.6m questions

8.7m answers