Westonci.ca is the ultimate Q&A platform, offering detailed and reliable answers from a knowledgeable community. Join our platform to connect with experts ready to provide accurate answers to your questions in various fields. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

+)
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.


Sagot :

Answer:

Kristen will have $1159.27 after 5 years

Step-by-step explanation:

trust in ya boy

Answer:

$ 1159.27

Step-by-step explanation:

1000 ( 1 + .03)^5 = 1159.27