Sbeech1945 Sbeech1945
  • 22-01-2021
  • Mathematics
contestada

James and Terry open a savings account that has a 2.79% annual interest rate,

compounded monthly. They deposit $500 into the account. How much will be in the

account after 20 years?

Respuesta :

efelizabeth7
efelizabeth7 efelizabeth7
  • 23-01-2021

Answer:

The answer should be $279 If im right if not sorry

Step-by-step explanation:

500 x 2.79% x 20 = 279

Answer Link

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