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16 July, 19:11

An initial amount of 800$ is invested in compound saving accounts with an annual rate 4.5%. What is the balance in 5years

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  1. 16 July, 19:36
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    1 year 800

    8=1%

    4.5% = 36

    2 year 836

    8.36=1%

    4.5%=37.62

    3 year 873.62

    1% = 8.73

    4.5%=39.28

    4 year 912.89

    1%.=9.12

    4.5%=41.04

    5 year 953.93
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