The amount of interest Molly will earn after 5 years on a deposit of compounded annually over 5 years is
First, we need to find the future value of her investment, then we subtract the original deposit from it to get the amount of interest she will get at the end of 5 years.
The future value of an investment that is compounded annually is given by
where
Substituting the available values into the formula and solving
The interest Molly will earn after 5 years is
Therefore, the amount of interest Molly will earn after 5 years on a deposit of compounded annually over 5 years is
Learn more about compound interest here: brainly.com/question/21270833
Answer:
10!
Step-by-step explanation:
Exuse me if im wrong :')
Answer:
1st term= 8 2nd term=6 3rd term=4 4th term=2 5th term=0 6th term=-2 7th term=-4 8th term=-6 9th term=-8 10th term=-10
Step-by-step explanation:
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