twurz6520 twurz6520

12-04-2021
Mathematics

contestada

you put 5,000 dollers in an account that earns 4% intrest compounded annually . how much intrest will you have earned in 10 years?

Respuesta :

lishawn81 lishawn81

12-04-2021

Answer:

$2401.22

Step-by-step explanation:

Since 4% of 5000 is 200, we add 200 to our total, after 9 more 4% interest calculations, all we need to do is subtract the total by 5000.

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