jholguin04 jholguin04

26-03-2020
Mathematics

contestada

You deposit $300 into a savings account that pays 4% interest compounded annually. How much interest will you earn after 5 years?

Question 4 options:

$65

$60

$360

$365

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yudodis yudodis

26-03-2020

Answer:

365

Step-by-step explanation:

300X1.04^5=364.995871

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