Bglaze Bglaze
  • 03-09-2019
  • Mathematics
contestada

joe deposited $100 into a savings account that earns 5% interest compounded annually. he believes he should have about 600$ at the end of the year. is he correct or incorrect ?

Respuesta :

mathmath876
mathmath876 mathmath876
  • 03-09-2019

Answer:

Step-by-step explanation:

No, because he will end up with more.

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