how much money in 5 years
=PV*(1+r)^n
=1000*(1+3%)^5
=1159 is answer based on data
You deposit $1,000 today into an account that pays 3 percent annual compound interest. How much...
If you deposit money today in an account that pays 3.4% annual interest, how long will it take to double your money? Round your answer to the nearest whole number. years
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