Question

Three years ago, Andy invested $5,000 in an account that earns 5% interest compounded annually. The equation y = 5000{\left( {1.05} \right)^x} y = 5000 ( 1.05 ) x describes the balance in the account, where x is the time in years. Andy has made no additional deposits and no withdrawals. How much is in the account now?

Answer 1

You have not provided sufficient information. 

But here is a tool.

http://www.moneychimp.com/calculator/compound_interest_calculator.htm