If a bank pays you 1. 5% compound interest each year for the money you deposit, how much will you have in the bank in 20 years if you deposit $500 in the bank today? Round your answer to the hundredths

asked Feb 7, 2023 148k views

18 votes

8.3k points

Please log in or register to add a comment.

8 votes

Answer:

10150

Step-by-step explanation:

my interest is 150 and the total money will be 102

GreensterRox answered Feb 14, 2023

8.5k points

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

9.4m questions

12.1m answers