Asked by IDC

An investor puts $500 in an account that pays 3% interest compounded annually. Find the account balance after 6 years.

9 years ago

Answered by Reiny

What is 500(1.03)^6 ?

9 years ago

Answered by Gina

597.026

7 years ago

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.