Payaso23232 Payaso23232

07-02-2022
Mathematics

contestada

Jake's bank offers him an account with 3o
interest, compounded annually. How much
interest would he earn from this account if he
deposits his $1,320 for 5 years?

Respuesta :

Mathiscool133 Mathiscool133

09-02-2022

I=P(1+R/100)^5

I=$1320(1+3/100)^5

I=$1530

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