asked 148k views
18 votes
If a bank pays you 1. 5% compound interest each year for the money you deposit, how much will you have in the bank in 20 years if you deposit $500 in the bank today? Round your answer to the hundredths place

asked
User Leymannx
by
8.3k points

1 Answer

8 votes

Answer:

10150

Step-by-step explanation:

my interest is 150 and the total money will be 102

answered
User GreensterRox
by
8.5k points

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