asked 145k views
5 votes
Jack and Jill each opened accounts that earn 5% interest compounded annually. Jack deposited $2500 and Jill deposited $3000. No additional money was deposited or withdrawn. At the end of 6 years, what will be the combined balance of these two accounts? (Round to the nearest cent)

asked
User JvdBerg
by
7.3k points

1 Answer

4 votes

Answer:

3,850

Explanation:

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answered
User Nick Wright
by
8.5k points
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