SOLUTION: if you deposit 400.00 inan account and earn 5% compound annually how much willyou have in 15 years?

Algebra ->  Finance -> SOLUTION: if you deposit 400.00 inan account and earn 5% compound annually how much willyou have in 15 years?      Log On


   

Question 326628: if you deposit 400.00 inan account and earn 5% compound annually how much willyou have in 15 years?
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
A=400(1+.05/2)^2*15
A=400*2.097567579
A=839.03