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SOMEONE HELP PLSSS suppose your friends parents invest $10,000 in an account paying 5% compounded annually. what will the balance be after 5 years?

SOMEONE HELP PLSSS suppose your friends parents invest $10,000 in an account paying 5% compounded annually. what will the balance be after 5 years?
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SOMEONE HELP PLSSS

suppose your friends parents invest $10,000 in an account paying 5% compounded annually. what will the balance be after 5 years?

User Nandha Kumar
by
7.7k points

1 Answer

3 votes

Answer:

12,762.82$

Explanation:

10,000(1+0.05)^5

User TarmoPikaro
by
8.2k points
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