<PRE><B>Question 1197970</B>
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&lt;pre&gt;

the account balance at the end of 3 years is  

        {{{5000*(1+0.05)^3}}} = {{{5000*1.05^3}}} = 5788.13  dollars  (rounded).    &lt;U&gt;ANSWER&lt;/U&gt;
&lt;/pre&gt;

Solved.


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To see many other similar &amp;nbsp;(and different) &amp;nbsp;solved problems on compounded interest accounts, &amp;nbsp;look into the lesson

&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;- &lt;A HREF=https://www.algebra.com/algebra/homework/percentage/lessons/Compound-interest-percentage-problem.lesson&gt;Compounded interest percentage problems&lt;/A&gt; 

in this site.


Learn the subject from there.



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