Ask Question
17 February, 04:10

Stans savings account has a balance of $1986 after 23 years, what will the amount of interest be at 4% compound annually

+3
Answers (1)
  1. 17 February, 05:54
    0
    Savings account means that you are adding. Turn 4% into a decimal number and add 1. Put 23 as the exponent.

    1986 (1+0.04) ^23
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Stans savings account has a balance of $1986 after 23 years, what will the amount of interest be at 4% compound annually ...” 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