asked 158k views
2 votes
Olivia invested $1000 in an account that pays 2.75% interest

compounded annually. Assuming no deposits or withdrawals are
made, find how much money Olivia would have in the account 13 years
after her initial investment. Round to the nearest tenth (if necessary).

asked
User Abdu
by
8.4k points

2 Answers

3 votes

Answer: 1422.9

Explanation:

answered
User Alpheus
by
8.1k points
6 votes

Answer:

$1,422.87

Explanation:

answered
User Xu Qiushi
by
9.0k points

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