Register

A customer deposits $1000 in a savings account that pays 5% interest compounded annually. How much money will the customer have in the account after 5 years?

A customer deposits $1000 in a savings account that pays 5% interest compounded annually. How much money will the customer have in the account after 5 years?
223k views
2 votes
A customer deposits $1000 in a savings account that pays 5% interest compounded annually. How much money will the customer have in the account after 5 years?

User WarFox
by
7.7k points

1 Answer

4 votes

Answer:

five divided by hundred mult

User Sven Tschui
by
8.5k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!