Mathematics, 11.11.2020 08:40, tierrag81

You deposit $500 in an account that earns 5% compounded annually. What is the balance in your account after 5 years? Round your answer to the nearest cent.
A $2,625.00
B $625.00
C $638.14
D $886.89

Answers: 2

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You deposit $500 in an account that earns 5% compounded annually. What is the balance in your account after 5 years? Round your answer to the nearest cent. A $2,625.00 B $625.00 C $638.14 D $886.89

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Other questions on the subject: Mathematics

Questions in other subjects:

You deposit $500 in an account that earns 5% compounded annually. What is the balance in your account after 5 years? Round your answer to the nearest cent.
A $2,625.00
B $625.00
C $638.14
D $886.89