Register
You deposit $1500 in an account that pays 5% interest compounded yearly. Find the balance after 6 years. please help
48.5k views
2 votes
You deposit $1500 in an account that pays 5% interest compounded yearly. Find the balance after 6 years. please help

User Calvin Fisher
by
5.5k points

1 Answer

3 votes

1500+5%= 1505 that is the answer I got I hope this was helpful

User Daniela Miao
by
4.8k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.6m questions

7.3m answers

Other Questions

What is the value of x? (-4) - x = 5
1/7 + 3/14 equivalent fractions
185g in the ratio 2:3
(3x1,000,000)+(3x100,000)+(2x100) what is this number written in standard form?
The function h = -t2 + 95 models the path of a ball thrown by a boy where h represents height, in feet, and t represents the time, in seconds, that the ball is in the air. Assuming the boy lives at sea
Link Copied!