Answer:
A. 160
B. 960
Step-by-step explanation:
The interest earned after 5 years is the balance - the initial balance: 160
The balance is 800 * (1 + .04*5): 960
Answer:
i believe its C
Step-by-step explanation:
Answer:
How much would $25,000 be worth if it was compounded monthly at an annual rate of 4% after 15 years? How much would $5,000 be worth if it was compounded monthly at an annual rate of 3% after 35 years?
Step-by-step explanation:
Answer:
Step-by-step explanation:
I am joyous to assist you anytime.