Ask Question
27 September, 04:25

Suppose you deposit $1000 in a college fund that pays 7.2% interest compounded

annually. Find the account balance after 5 years.

+3
Answers (1)
  1. 27 September, 07:27
    0
    Answer: A = P (1 + r/n) nt

    = $1415.71
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Suppose you deposit $1000 in a college fund that pays 7.2% interest compounded annually. Find the account balance after 5 years. ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers