jayciejehli
jayciejehli jayciejehli
  • 19-04-2017
  • Mathematics
contestada

How much compound interest will an account of $10,000 bear after 5 years at 3% APR, compounded annually?

Respuesta :

Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 19-04-2017
A=10,000×(1+0.03)^(5)
A=11,592.74

Interest earned
11592.74-10000=1592.74
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