SOLUTION: Alonzo deposited $4000 into an account with 5.2% interest, compounded annually. Assuming that no withdrawals are made, how much will he have in the account after 3 year

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Question 1078758: Alonzo deposited
$4000
into an account with
5.2%
interest, compounded annually. Assuming that no withdrawals are made, how much will he have in the account after
3
years?
Do not round any intermediate computations, and round your answer to the nearest cent.

Answer by Boreal(15235) About Me  (Show Source):
You can put this solution on YOUR website!
4000(1+.052)^3=$4657.01