3 years ago

You deposit $1500 in an account that pays 5% interest compounded yearly. Find

Mathematics

2 answers:

nata0808 [166]3 years ago

7 0

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Anna11 [10]3 years ago

3 0

Answer:

1950 is the balance after 6 years

Step-by-step explanation:

multiply 1500 to 0.05 to get the interest amount, then multiply that number by 6 for the 6 years, and then add it back to the 1500 to get 1950

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