SOLUTION: Garrison deposited $500 in an account that earns 3% interest compounded. How much interest will the account earn after 6 years.

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Question 1140944: Garrison deposited $500 in an account that earns 3% interest compounded. How much interest will the account earn after 6 years.
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
Compounded how many times a year?
Annually would be once per year