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5 February, 06:14

If leslie moves her money into an account that pays 8 percent compounded annually for 5 year (s), the amount of money that will accumulate is

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Answers (2)
  1. 5 February, 06:43
    0
    The value of an account at 8% compounded annually,

    after 5 years have passed since your initial deposit, is

    (the amount you originally put in) x (1.08) ⁵.

    You didn't tell us how much Leslie invests at the beginning of the 5 years.

    Whatever the amount is, it will become 46.9% greater in 5 years!
  2. 5 February, 08:38
    0
    Leslie will accumulate an extra 1.851%
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