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What is the balance after one year on an investment of $20,000 earning 5.2% interest compounded annually?​ what is the answer​

What is the balance after one year on an investment of $20,000 earning 5.2% interest compounded annually?​ what is the answer​
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What is the balance after one year on an investment of $20,000 earning 5.2% interest compounded annually?​ what is the answer​

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User Scandinave
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1 Answer

5 votes

Answer: $21,040

Explanation:

What is the balance after one year on an investment of $20,000 earning 5.2% interest-example-1
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User Greg Demetrick
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