suppose that a person deposits $10000 in a saving account at a bank yielding 9% per year with interest compounded anually.how much will be in the account after 5 years plz help if i like the answer i will mark as brainliest
Answers
Answered by
0
Answer:
$4,500
Step-by-step explanation:
SI=T×R×P/100
SI=5×9×10,000/100
SI=$4,500
If you like the ans please mark as the brainliest..
Answered by
1
Answer:
10000×9%=900
900 intrest in 1 yr
5 year interest will be 900×5=4500
In 5 years the interest will be 10000+4500=14500
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