SOLUTION: if you deposit 400.00 inan account and earn 5% compound annually how much willyou have in 15 years?

SOLUTION: if you deposit 400.00 inan account and earn 5% compound annually how much willyou have in 15 years?

Algebra.Com

Question 326628: if you deposit 400.00 inan account and earn 5% compound annually how much willyou have in 15 years?
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
A=400(1+.05/2)^2*15
A=400*2.097567579
A=839.03
RELATED QUESTIONS
if you deposit $5,000.00 into an account each year, earning 5% interest compound... (answered by rfer)

if you deposit $2,000 in an account earning 3% interest compound monthly, how much will... (answered by rfer)

you invest $300 and 5% compound for 4 years. how much do you have in the account after 4... (answered by babs1010)

If you deposit $5,000 in an account that pays 5% interest compounded annually, how much... (answered by rfer)

You deposit $400 a month into an account earning 5% interest compounded monthly. How... (answered by Boreal)

Suppose you want to have $400,000 for retirement in 20 years. Your account earns 5%... (answered by Boreal)

how much will you have in a savings account if you deposit $4000 for 8 years at 5%... (answered by mananth)

You deposit $500 in an account earning 4% interest compounded annually. How much will you (answered by checkley77)

You deposit $3000 at the beginning of each year into an account earning 6% interest... (answered by ikleyn)