SOLUTION: �250 is invested in a bank paying compound intrest of 3.5% for 5 years. How much is the investment worth after the 5 years?

SOLUTION: �250 is invested in a bank paying compound intrest of 3.5% for 5 years. How much is the investment worth after the 5 years?

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Question 878912: �250 is invested in a bank paying compound intrest of 3.5% for 5 years. How much is the investment worth after the 5 years?

Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
FV=250(1.035)^5
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