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What is $400 at 3% for 5 years? A. Find interest earned B. Find the balance of the account

What is $400 at 3% for 5 years? A. Find interest earned B. Find the balance of the account
asked 167k views
2 votes
What is $400 at 3% for 5 years?

A. Find interest earned
B. Find the balance of the account

asked
User Blankart
by
7.6k points

2 Answers

2 votes
$463.71

$400 + 3% interest
1st year $412
2nd $424.36
3rd $437.09
4th $450.20
5th $463.71
answered
User Mahmoud Jorban
by
8.8k points
0 votes

Answer:

463.71

Explanation:

answered
User TingPing
by
7.3k points
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