2. Imagine you have invested $800 into a savings account that earns 3.5% interest
compounded annually. What is the balance of your account after 5 years without more
deposits or withdrawals?

PLEASE HELP

The amount after 5 years is $ 950.15

Step-by-step explanation:

Given,

Principle (P) = $ 800

Time (T) = 5 years

Rate of interest (R) = 3.5%

To find the amount after 5 years.

Formula

The amount after T years compounded annually is A = P

Now,

Putting the values of P, T, R we get,

A = $ 800

= $ 950.15 (approx)

the answer is 0.3175 hope that you ^w^

also you might actually want to put this picture up if you want people to solve it luckily i remember this question