Ask Question
19 February, 17:17

Alexander invested $320 in an account paying an interest rate of 1.5% compounded annually. Assuming no deposits or withdrawals are made, how much money, to the nearest hundred dollars, would be in the account after 18 years?

+2
Answers (1)
  1. 19 February, 19:41
    0
    I think it is

    320 x (0,015^18) x 100
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Alexander invested $320 in an account paying an interest rate of 1.5% compounded annually. Assuming no deposits or withdrawals are made, ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers