Mathematics, 01.01.2020 14:31 dancekb2

An amount of $1,000 is deposited into a bank account that pays 4% interest each year. if there are no other withdrawals or deposits, what will be the balance of the account after 5 years?
type your answer rounded to the nearest penny. example $12.52

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More questions: Mathematics Another questions

An amount of $1,000 is deposited into a bank account that pays 4% interest each year. if there are no other withdrawals or deposits, what will be the balance of the account after 5 years? type your answer rounded to the nearest penny. example $12.52

Answers

Another question on Mathematics

An amount of $1,000 is deposited into a bank account that pays 4% interest each year. if there are no other withdrawals or deposits, what will be the balance of the account after 5 years?
type your answer rounded to the nearest penny. example $12.52