Asked by timberly
Suppose your parents deposited $1,500 in an account saying 3.5% interest compounded annually (once a year) when you were born. I have to find the account balance after 18 years , please help
Answers
Answered by
Steve
just use your formula:
1500(1+0.035)^18
1500(1+0.035)^18
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.