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R $ Landon invests $3000 into stocks. The account has a rate of 10% and is com- pounded annually. How much money is in the account after 5 years? How much interest did he earn?
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1 vote
R

$
Landon invests $3000 into stocks. The
account has a rate of 10% and is com-
pounded annually. How much money is
in the account after 5 years? How much
interest did he earn?

User Mwoodman
by
7.1k points

1 Answer

3 votes
1,500$ in interest was earned 4,500 is in the account total
User Xuanyuanzhiyuan
by
7.3k points
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