Math, asked by andresgarcia, 1 year ago

8% interest is compounded annually on an account with $5.000. How much total interest is earned after 5 years?

Answers

Answered by Anonymous
3
your ans:

5.000(1+8/100)^5
=5.000×(108/100)^5
=7.34

hope it is the right ans

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andresgarcia: Hi
Anonymous: hi
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