\ Krysta opened a savings account and deposited 500.00 as principal. The account earns 10% interest, compounded annually. What is the balance after 7 years

解

解

Amount : 974.36

解答ステップ

Translate the problem into an equation:

A = 500 (1 + \frac{0.1}{1})^{1 \cdot 7}

500 (1 + \frac{0.1}{1})^{1 \cdot 7} = 974.35855

最も近い

h u n d re d t h

に四捨五入:

974.36

Amount : 974.36

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