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If $350 is placed in a savings account that earns 3.5% interest applied once a year, and how much would a savings account be worth after 10 years? 1) $522.88 2) $426.34 3) $472.50 4) $493.71
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Mar 14, 2021
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If $350 is placed in a savings account that earns 3.5% interest applied once a year, and how much would a savings account be worth after 10 years?
1) $522.88
2) $426.34
3) $472.50
4) $493.71
Mathematics
middle-school
JeCh
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Answer:
$493.71
Explanation:
350(1 + 0.035/4)^4(10)
Yathirigan
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Mar 20, 2021
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Yathirigan
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