calvarez0324
calvarez0324 calvarez0324
  • 02-02-2021
  • Mathematics
contestada

An account earning 6.5% interest compounded annually for 10 years would have a balance of how much if the principal was $500


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nelliesw33b812
nelliesw33b812 nelliesw33b812
  • 02-02-2021

Answer:

Myabe around 3,00 and something

Step-by-step explanation:

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geezy21 geezy21
  • 02-02-2021
Answer: $825

6.5% of 500 is 32.5 and $32.5 annually for 10 years would be $325 so then just combine the numbers, $500+$325
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