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OpenStudy (anonymous):
Please help! Suppose you deposit $800 into a savings account that pays 4.1% annual interest. How much will you have in the account after 3 years if no money is added or withdrawn
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OpenStudy (anonymous):
939.4916078088 based on compounded interest
OpenStudy (anonymous):
How did you get that answer?
OpenStudy (anonymous):
I got 1385.366 800/4.1=195.122 195.122=585.366 585.366+800=1385.366
OpenStudy (anonymous):
Thanks so much!
OpenStudy (anonymous):
You're welcome
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