Caelan has $ 7,500 in an account that earns 3.2% compounded interest annually. If she doesn't touch the money, how much will it be after 5 years?

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asked Nov 26, 2021 33.6k views

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Caelan has $ 7,500 in an account that earns 3.2% compounded interest annually. If she doesn't touch the money, how much will it be after 5 years?

Mathematics
middle-school

Dierre asked

by Dierre

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1 Answer

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7500(1+0.032)5=

1.032 to the power of 5= 1.171

7500x 1.171=8,782

Piyush Sanepara answered Nov 29, 2021

by Piyush Sanepara

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