91.8k views
4 votes
Bob deposited $600 in an account that pays 3% interest compounded annually. What is the balance of Bob's account at the end of 5 years?​

User Kdog
by
6.6k points

2 Answers

3 votes

Answer:

$690 Try calculatorsoup dot com Total P+I (A)?

Explanation:

User MadAsAHatter
by
6.4k points
3 votes

Answer:

$690

Explanation:

600 [1 + (0.03 * 5)]= 690

User Alexx
by
6.6k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.