Jack and Jill each opened accounts that earn 5% interest compounded annually. Jack deposited $2500 and Jill deposited $3000. No

Question

2 years ago

7

Jack and Jill each opened accounts that earn 5% interest compounded annually. Jack deposited $2500 and Jill deposited $3000. No

additional money was deposited or withdrawn. At the end of 6 years, what will be the combined balance of these two accounts? (Round to the nearest cent)

Mathematics

1 answer:

kupik [55] · Answer 1 · 2022-12-18T04:15:34+03:00

kupik [55]2 years ago

7 0

Answer:

3,850

Step-by-step explanation:

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