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Haley has $5,861 in an account. The interest rate is 10% compounded annually. To the nearest cent, how much interest will she earn in 1 year?
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Haley has $5,861 in an account. The interest rate is 10% compounded annually. To the nearest cent, how much interest will she earn in 1 year?
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Jan 10, 2024
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Haley has $5,861 in an account. The interest rate is 10% compounded annually. To the nearest cent, how much interest will she earn in 1 year?
Mathematics
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David Gidony
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$586.1 is the answer, multiply 5861 by .1.
Vita
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Jan 17, 2024
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