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lukranit [14]
3 years ago
9

raul invests $1000 in a savings account that earns 5% interest compounded annually. how much money will he have in the account a

t the end of 5 years
Mathematics
2 answers:
myrzilka [38]3 years ago
6 0
It will have 15,000 dollars in the savings acount\

12345 [234]3 years ago
3 0
Amount in the bank account = 1000(1 + 0.05)^5 = $1,276.28
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Step-by-step explanation: Let's solve your equation step-by-step.

4b+5=1+5b

Step 1: Simplify both sides of the equation.

4b+5=5b+1

Step 2: Subtract 5b from both sides.

4b+5−5b=5b+1−5b

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Step 3: Subtract 5 from both sides.

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Step 4: Divide both sides by -1.

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