You are opening a checking account that earns 5.9% interest each year compounded annually. You deposit $780. After 1 year you wi

Question

3 years ago

13

ll have $826.02. After 2 years you will have $874.76. How much will you have after 3 years?

1 answer:

fomenos · Answer 1 · 2022-03-18T02:23:56+03:00

fomenos3 years ago

3 0

Answer:

$926.37

Step-by-step explanation:

Each year, the balance is multiplied by 1.059.

1.059×$874.76 = $926.37 . . . after 3 years