Mathematics, 03.09.2021 23:10, Auttyrain7596

Sam deposited $500 in a new bank account. The bank pays 4% interest compounded annually on this account.
Sam makes no more deposits or withdrawals. What is the balance of the account at
the end of 5 years?
(Round to the nearest cent)

Answers: 3

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Sam deposited $500 in a new bank account. The bank pays 4% interest compounded annually on this ac...