Answer:
[tex]1000*1.06^{5} = 1 338.2255776 $[/tex] $
~ 1 338 $
Step-by-step explanation:
The 6% interest earning: 1 + 6 / 100 => 1.06
Since she doesn't make any transactions on the account, at the end of 5 years she'll have: [tex]1000*1.06^{5} = 1 338.2255776 $[/tex]
