v6alexilibby v6alexilibby
  • 29-11-2016
  • Mathematics
contestada

You put $500 in an account that earns 4% annual interest. the interest earned each year is added to the principal to create a new principal. find the total amount in your account after each year for 3 years.

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Asahi
Asahi Asahi
  • 29-11-2016
500(1.04)^3
562.43
the answer is $562.43
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