How many answers are in each of these three questions: 1. x squared minus three x plus four equals zero 2. Two x squared plus fo
1 answer:
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The balance after one year is $5200
Step-by-step explanation:
The formula to apply here is
where
A=Amount of money at the end of the period=?
P=the amount of money invested= $5000
r=rate of interest=4%=0.04
n=number of compounding per year=1
t=time in years=1
Applying the formula
A=$5200
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Compound Interest: brainly.com/question/12148233
Keywords : interest, compounded annually
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