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Your checking account currently has a balance of $6,758.21. if it were to shrink by 7% per year for 5 years what is your projected balance?

Your checking account currently has a balance of $6,758.21. if it were to shrink by 7% per year for 5 years what is your projected balance?
asked 45.8k views
1 vote
your checking account currently has a balance of $6,758.21. if it were to shrink by 7% per year for 5 years what is your projected balance?

asked
User Setlio
by
7.5k points

2 Answers

1 vote

Answer: 4,701.61

Hope it helps

answered
User Suzzette
by
8.7k points
7 votes

Answer:

$4,701.61

Explanation:

answered
User Matthew Purdon
by
8.7k points
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