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Kaden invested $5,000 into a savings account. The interest was compounded annually at 2.5%. How much interest will Kaden earn in 30 months?

Kaden invested $5,000 into a savings account. The interest was compounded annually at 2.5%. How much interest will Kaden earn in 30 months?
asked 80.4k views
3 votes
Kaden invested $5,000 into a savings account. The interest was compounded

annually at 2.5%. How much interest will Kaden earn in 30 months?

asked
User Stuart Ervine
by
7.2k points

2 Answers

5 votes

Answer:

I think it would be 873.

Explanation:

You just have to calculate.

answered
User Halil ?Brahim YILMAZ
by
7.8k points
1 vote
Answer: $5,312.50. Work shown below.
Kaden invested $5,000 into a savings account. The interest was compounded annually-example-1
answered
User SirViver
by
7.7k points
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