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6. Allie used the $1,200 she got from her graduation party to open a savings account. If the account earns 1% interest each month and she makes no additional deposits, how much money will be in the account
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39 votes
39 votes
6. Allie used the $1,200 she got from her

graduation party to open a savings account.
If the account earns 1% interest each
month and she makes no additional deposits,
how much money will be in the account in 5
years?



URGENT:!!!!!!!!!!!

User Nikhil Kothari
by
2.7k points

2 Answers

17 votes
17 votes
$1,261.21 is your answer hope it helps!
User Onderbewustzijn
by
3.2k points
18 votes
18 votes

Answer:

$1261.21

Explanation:

User Manibharathi
by
3.2k points
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