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12. Phillip deposited $450 in an account that earns 5% interest, compounded yearly. If he makes no further deposits, how much will be in the account after 2 years? A. $472.50 B.…

12. Phillip deposited $450 in an account that earns 5% interest, compounded yearly. If he makes no further deposits, how much will be in the account after 2 years? A. $472.50 B.…
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12. Phillip deposited $450 in an account that earns

5% interest, compounded yearly. If he makes
no further deposits, how much will be in the
account after 2 years?
A. $472.50
B. $491.14
C. $496.13
D. $512.24

asked
User Lee Olayvar
by
7.4k points

2 Answers

0 votes

Answer:

b

Explanation:

answered
User Umeka
by
7.6k points
3 votes
This is your genuine answer
12. Phillip deposited $450 in an account that earns 5% interest, compounded yearly-example-1
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User Jon Mountjoy
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8.7k points
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