2 years ago

You

Mathematics

1 answer:

saul85 [17]2 years ago

4 0

Answer:

$29,005.97

Step-by-step explanation:

Cn = Co * (1 + i)^n

Cn = 104,986.99(1+.05/1)^(1*5)

Cn = 104,986.99(1+.05)^5

Cn = 104,986.99(105)^5

Cn = 104,986.99(1.2763)

Cn = 133,992.96, total money at end

133,992.96-104,986.99= $29,005.97, interest accumulated

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