needhelp5652 needhelp5652
  • 02-06-2020
  • Mathematics
contestada

Solve the compound interest problem. If Jane invests $350 at the
bank in a savings account that is compounded monthly and has an interest rate of 6.5%, what will be her total account balance after 7
years?

Respuesta :

gilbertazavedo72
gilbertazavedo72 gilbertazavedo72
  • 02-06-2020

Answer: 550.98

Step-by-step explanation:

A = P (1 + r/n)^nt

Answer Link

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