Juanita goes to a bank and opens a new account.
She deposits $7,500.
The bank pays 1.2% inter...
Mathematics, 10.03.2021 21:20 EllaLovesAnime
Juanita goes to a bank and opens a new account.
She deposits $7,500.
The bank pays 1.2% interest compounded annually on this account.
Laura makes no additional deposits or withdrawals.
Which amount is the closest to the account balance at the end of 5 years?
$7,950.00
$7,960.00
$7,960.93
Answers: 2
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