Mathematics, 02.06.2020 07:57 razomike88
If Josh invests $500 in a 5-year fixed interest savings bond that pays 5% per annum, how much will his entire investment be worth at the end of the term?
Answers: 3
, with p being the starting amount, x being the interest rate, and t being the time. Plugging our variables in, we get
= around 638.14
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If Josh invests $500 in a 5-year fixed interest savings bond that pays 5% per annum, how much will h...
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