Answered

Discover a wealth of information and get your questions answered on IDNLearn.com. Get the information you need from our community of experts, who provide detailed and trustworthy answers.

11 Megan has $500 in her savings account. The interest rate is 7%, which is not compounded. How much money in dollars) will she have in her account after 5 years? Write the correct
answer.

Sagot :

Answer:

701

Step-by-step explanation:

At the end of 5 years, your savings will have grown to $701.

You will have earned in $201 in interest.

answer.

We are delighted to have you as part of our community. Keep asking, answering, and sharing your insights. Together, we can create a valuable knowledge resource. Your questions deserve accurate answers. Thank you for visiting IDNLearn.com, and see you again for more solutions.