SOLUTION: . A person deposited $500 in a savings account that pays 5% annual interest that is compounded yearly. At the end of 10 years, how much money will be in the savings account?

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: . A person deposited $500 in a savings account that pays 5% annual interest that is compounded yearly. At the end of 10 years, how much money will be in the savings account?       Log On