SOLUTION: if you invest 5000 in an account which pays 6% p.a interest, how much will you have after 5 years

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: if you invest 5000 in an account which pays 6% p.a interest, how much will you have after 5 years      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



Question 798515: if you invest 5000 in an account which pays 6% p.a interest, how much will you have after 5 years
Answer by harpazo(655) About Me  (Show Source):
You can put this solution on YOUR website!

Let h = what you will have after 5 years
h = (5000)(0.06)(5)

You can now finish.