eriveslizette eriveslizette

30-10-2020
Mathematics

contestada

Question
Evelyn placed $2,700 in a savings account which earns 1.1% interest, compounded every year. How much will she have in
the account after 5 years?
Round your answer to the nearest dollar

Respuesta :

monique2002 monique2002

03-11-2020

Answer:

$2852

Step-by-step explanation:

2,700 (1 + 0.011/1) ^ 1 (5)

2,700 (1.011)^5

=$2852

Answer Link

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