hezmedina2000 hezmedina2000

12-03-2021
Mathematics

contestada

What will your balance be on an investment of $1,000 at 4.% for 5 years compounded annually.
30 POINTS ANSWER

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liyahmv17 liyahmv17

12-03-2021

Answer:

200

Step-by-step explanation:

because if you take 4 percent of 1000 you get 40 and 40 x 5 is 200

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