aniyahfordham aniyahfordham
  • 14-01-2021
  • Mathematics
contestada

You invest $5000 at 6.25% interest. How much is in your account after 8 years if
the interest is compounded

A. Annually?

B. Monthly?

C. Continuously?

Respuesta :

apointer0721
apointer0721 apointer0721
  • 14-01-2021

Answer:

A. annually I believe it's the answer bc you add interest every year that way

Answer Link
clara1101
clara1101 clara1101
  • 14-01-2021
It’s Annually ! So the first answer is correct
Answer Link

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