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A bank is offering 7% annual compound interest on a savings account. If you deposit $1,500, what will be the total amount of money in your savings account after three years? Ans…

A bank is offering 7% annual compound interest on a savings account. If you deposit $1,500, what will be the total amount of money in your savings account after three years? Ans…
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A bank is offering 7% annual compound interest on a savings account. If you deposit $1,500, what will be the total amount of money in your savings account after three years?

Answers:
$337.56
$31,5000.00
$1,837.56
$3000.00

User Danack
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1,837.56 is the answer!
User Gbaccetta
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