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6. Allie used the $1,200 she got from her graduation party to open a savings account. If the account earns 1% interest each month and she makes no additional deposits, how much …

6. Allie used the $1,200 she got from her graduation party to open a savings account. If the account earns 1% interest each month and she makes no additional deposits, how much …
asked 127k views
24 votes
6. Allie used the $1,200 she got from her

graduation party to open a savings account.
If the account earns 1% interest each
month and she makes no additional deposits,
how much money will be in the account in 5
years?



URGENT:!!!!!!!!!!!

asked
User Aperkins
by
7.9k points

2 Answers

9 votes
$1,261.21 is your answer hope it helps!
answered
User Sanderfish
by
8.7k points
5 votes

Answer:

$1261.21

Explanation:

answered
User Giulio Muscarello
by
7.4k points
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