Help! 20 Points!!

A deposit of $1,500 is made into a savings account which earns 4 5 8 % interest compounded annually. If no additional deposits or withdrawals are made, which amount is the total balance at the end of 5 years? A) $1,846.88 B) $1,869.27 C) $1,880.48 D) $1,891.74

Question

03-03-2021
Mathematics

Answered

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Help! 20 Points!!

A deposit of $1,500 is made into a savings account which earns 4 5 8 % interest compounded annually. If no additional deposits or withdrawals are made, which amount is the total balance at the end of 5 years? A) $1,846.88 B) $1,869.27 C) $1,880.48 D) $1,891.74

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