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Taiya invests $4,848 in a savings account with an interest rate of 5% compounded annually. What is the interest that she earned? *

Taiya invests $4,848 in a savings account with an interest rate of 5% compounded annually. What is the interest that she earned? *
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Taiya invests $4,848 in a savings account with an interest rate of 5% compounded annually. What is the interest that she earned? *

asked
User ScotchAndSoda
by
7.9k points

1 Answer

5 votes

Answer:

the answer is $6520.02

Explanation:

explanation linked as image

Taiya invests $4,848 in a savings account with an interest rate of 5% compounded annually-example-1
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User Alekx
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