evelyn5357 evelyn5357
  • 05-01-2020
  • Mathematics
contestada

How much is in a saving account that started with $500 and earned 7.5% compound interest for 2 years

Respuesta :

GreenFIRE624 GreenFIRE624
  • 06-01-2020

Answer:

577.81

Step-by-step explanation:

A = P(1 + (r/n))^n * t

A = 500 ( 1 + .075)^2

A = $577.81

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