Mathematics, 13.11.2019 22:31 kaylaamberd

At the beginning of year 1, amanda invests $800 at an annual compound interest rate of 5%. she makes no deposits or withdrawals from the account.
which explicit formula can be used to find the account's balance at the beginning of year 5? what is the balance?

At the beginning of year 1, amanda invests $800 at an annual compound interest rate of 5%. she makes

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At the beginning of year 1, amanda invests $800 at an annual compound interest rate of 5%. she makes...

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At the beginning of year 1, amanda invests $800 at an annual compound interest rate of 5%. she makes no deposits or withdrawals from the account. which explicit formula can be used to find the account's balance at the beginning of year 5? what is the balance?

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Another question on Mathematics

At the beginning of year 1, amanda invests $800 at an annual compound interest rate of 5%. she makes no deposits or withdrawals from the account.
which explicit formula can be used to find the account's balance at the beginning of year 5? what is the balance?