homorales0277
Answered

At Westonci.ca, we provide clear, reliable answers to all your questions. Join our vibrant community and get the solutions you need. Get accurate and detailed answers to your questions from a dedicated community of experts on our Q&A platform. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

PLEASE ANSWER ASAP THANK YOU!!! How much money will be in a bank account after 3 years if $9 is deposited at an interest rate of 5% compounded annually? Round to the nearest dollar.....​

Sagot :

Answer:

10 bucks

Step-by-step explanation:

Money=9*(1+0.05)^3

Money=9*(1.05)^3=10.41≈10

We hope this information was helpful. Feel free to return anytime for more answers to your questions and concerns. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Thank you for visiting Westonci.ca. Stay informed by coming back for more detailed answers.