Question

You inherit $5000 from your long lost Uncle Harold. The bad news is that the money must sit in a bank account for the next ten years until you can use it. The account earns 7. 2% interest, compounded annually. This means that you will need to multiply the amount of money by 1. 072 to determine how much money remains at the end of the next year

Answer 1

Answer:

5360

Step-by-step explanation:

5000*1.072=5360