SOLUTION: marcus invests �500 in an account paying 4.3% compound interest each year, calculate the amount of the account after 2 years

SOLUTION: marcus invests �500 in an account paying 4.3% compound interest each year, calculate the amount of the account after 2 years

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Question 793900: marcus invests �500 in an account paying 4.3% compound interest each year, calculate the amount of the account after 2 years
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
FV=500(1.043)^2
FV=543.92
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