Question

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Kirsten invested $1000 in an account at an annual-
interest rate of 3%. She made no deposits or
on the account for 5 years. The
withdrawals
interest was compounded annually. Find the
balance in the account, to the nearest cent, at the
end of 5 years.

Answer 1

Kristen will have $1159.27 after 5 years

Explanation:

trust in ya boy

Answer 2

$ 1159.27

Explanation:

1000 ( 1 + .03)^5 = 1159.27