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PLS HELP!!! Zane deposited $3,000 in an account earning 11% interest compound annually. To the nearest cent, how much will he have in 4 years?​

PLS HELP!!! Zane deposited $3,000 in an account earning 11% interest compound annually. To the nearest cent, how much will he have in 4 years?​
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PLS HELP!!!

Zane deposited $3,000 in an account earning 11% interest compound annually. To the nearest cent, how much will he have in 4 years?​

User Rosendo
by
9.2k points

2 Answers

0 votes
3,000(1+.11)^4 the answer would be 4,555
User Symmetric
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8.6k points
4 votes

Answer:4554.21

Explanation:

User Hrabinowitz
by
7.7k points
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