jayy4074 jayy4074

16-09-2022
Mathematics

contestada

Using the formula for compound interest; A = P(1+)nt, what is the balance of a $5,000
savings account deposit at 10% annual interest compounded quarterly for 5 years?

Respuesta :

30moralesj 30moralesj

16-09-2022

Answer:

250000

Step-by-step explanation:

5,000*10*5=250000 savings account deposit at 10% annual interest compounded quarterly for 5.

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