asked 18.0k views
2 votes
If the apy of a savings account is 2.8% and if the principle in the savings account we're $2600 for an entire year what will be the balance of the savings account after all the interest is paid for the year?

asked
User Symara
by
8.5k points

1 Answer

3 votes
A=2,600×(1+0.028)
A=2,672.8
answered
User Nene
by
8.7k points
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