tamiabarner22 tamiabarner22
  • 16-06-2018
  • Mathematics
contestada

Liam invests $5,000 in an account that pays 2.5% compound interest annually. He uses the expression P(1+r)t to find the total value of the account after t years. What will be the total value of the account after 3 years?

Respuesta :

pearsonbruner
pearsonbruner pearsonbruner
  • 11-02-2021

Answer:

The final balance is $5,389.

The total compound interest is $389.

Step-by-step explanation:

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