1300107507 1300107507

28-01-2021
Mathematics

contestada

Bob puts $500 into an account that pays 5% interestc ompounded anually. What is the balance after 5 years?

a
$525.25
b
$625.00
c
$526.72
d
$638.14

Respuesta :

correttajones correttajones

28-01-2021

Answer:

b

Step-by-step explanation:

Answer Link

thumperlea thumperlea

28-01-2021

I believe it is B if 500x0.05 =25x5=125+500=625

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