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A customer deposits $1000 in a savings account that pays 5% interest compounded annually. How much money will the customer have in the account after 5 years?

A customer deposits $1000 in a savings account that pays 5% interest compounded annually. How much money will the customer have in the account after 5 years?
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2 votes
A customer deposits $1000 in a savings account that pays 5% interest compounded annually. How much money will the customer have in the account after 5 years?

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User WarFox
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7.7k points

1 Answer

4 votes

Answer:

five divided by hundred mult

answered
User Sven Tschui
by
8.5k points
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