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katrin [286]
3 years ago
11

A principal of $4,570 is placed in an account that earns 4.5% interest. If the interest is compounded annually, how much money w

ill be in the account at the end of 5 years?
a.
$4654.15
b.
$4775.65
c.
$5638.75
d.
$5695.05
Mathematics
1 answer:
abruzzese [7]3 years ago
4 0

A principal of $4,570 is placed in an account that earns 4.5% interest. If the interest is compounded annually, how much money will be in the account at the end of 5 years?

Algebra

Answer:

d, $5695.05

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