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Alex wants to buy a house in 5 years. If he puts $3245 in an account at 7.35% compounded annually for 5 years. How much money will he have for a down payment on his house?

Alex wants to buy a house in 5 years. If he puts $3245 in an account at 7.35% compounded annually for 5 years. How much money will he have for a down payment on his house?
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Alex wants to buy a house in 5 years. If he puts $3245 in an account at 7.35% compounded annually for 5 years. How much money will he have for a down payment on his house?

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User Dcro
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8.0k points

1 Answer

10 votes

Answer: 32.78

Explanation:

answered
User Joachim W
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9.2k points
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