Register
11 Megan has $500 in her savings account. The interest rate is 7%, which is not compounded. How much money in dollars) will she have in her account after 5 years? Write the correct answer.
12.3k views
0 votes
11 Megan has $500 in her savings account. The interest rate is 7%, which is not compounded. How much money in dollars) will she have in her account after 5 years? Write the correct

answer.

User Saurabh Prajapati
by
8.4k points

1 Answer

0 votes

Answer:

701

Explanation:

At the end of 5 years, your savings will have grown to $701.

You will have earned in $201 in interest.

answer.

User Thi Gg
by
7.6k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.3m questions

12.0m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Link Copied!