anonymous
  • anonymous
a bank is advertising that new customers can open a savings account with a 3 3/4% interest rate compound annually. robert invested $5000 in an account at this rate. if he makes no additional deposits or withdrawals on his account find the amount of money he will have in the next 3 years to the nearest cent.......???
Mathematics
chestercat
  • chestercat
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amistre64
  • amistre64
P(1+%)^t 5000(1.0375)^3
amistre64
  • amistre64
$ 5583.857
anonymous
  • anonymous
thanks!

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