valeriabonilla1 valeriabonilla1
  • 10-04-2021
  • Mathematics
contestada

sam deposits 10000 into a savings account that earns 4.25% interest compounded annually. What will be the total amount in the account

Respuesta :

jordancampbell4
jordancampbell4 jordancampbell4
  • 12-04-2021

Answer:

With the compound interest calculator, you can accurately predict how profitable ... The total compound interest is $3,926.8. ... Note that in the case where you make a deposit into a bank (e.g., put money in your savings account), you have, ... You invest $10,000 for 10 years at the annual interest rate of 5%.

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