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4 years ago

PLZZ HELP ME!! wil give whatever the hell u want lol!

Mathematics

1 answer:

mr Goodwill [35]4 years ago

8 0

Answer:

So, after 5 years with a 3% annually compounded interest rate, Edgar will have $10,343.27 in his savings account.

Step-by-step explanation:

Using our equation:

A = 8,922(1.03)^5 Solve for 1.03^5

A = 8,922(1.1593) Multiply out

A = 10,343.27

So, after 5 years with a 3% annually compounded interest rate, Edgar will have $10,343.27 in his savings account.

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