Kellie has built her savings account to $7,800. She is transferring it to an account that earns 5.5% interest, compounded monthl

Question

Marta_Voda [28]

2 years ago

14

Kellie has built her savings account to $7,800. She is transferring it to an account that earns 5.5% interest, compounded monthl

y. What will the balance of the account be in 16 years?

Mathematics

1 answer:

Pavel [41] · Answer 1 · 2023-08-26T21:23:05+03:00

Pavel [41]2 years ago

7 0

Answer:

Kellie has built her savings account to $7,800. She is transferring it to an account that earns 5.5% interest, compounded monthly. What will the balance of the account be in 16 years?

Step-by-step explanation: