Jordan deposited $500 in a savings account that earns 8% interest compounded annually. At the end of 2 years, she transferred th

Question

3 years ago

11

Jordan deposited $500 in a savings account that earns 8% interest compounded annually. At the end of 2 years, she transferred th

e total balance into another account that earns 12% compounded annually.
If Jordan leaves her money in the new account for 2 more years, what will be the balance in her account? Round to the nearest dollar.

Mathematics

1 answer:

KIM [24] · Answer 1 · 2022-05-27T01:06:50+03:00

KIM [24]3 years ago

4 0

Your answer is 520 hopefully it works