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Ivan
3 years ago
15

if leslie moves her money into an account that pays 8 percent compounded annually for 5 year(s), the amount of money that will a

ccumulate is
Mathematics
2 answers:
Setler79 [48]3 years ago
4 0
Leslie will accumulate an extra 1.851%
aliina [53]3 years ago
3 0

The value of an account at 8% compounded annually,
after 5 years have passed since your initial deposit, is

             (the amount you originally put in) x (1.08)⁵ .

You didn't tell us how much Leslie invests at the beginning of the 5 years.
Whatever the amount is, it will become  46.9% greater  in 5 years !

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