Wednesday

July 23, 2014

July 23, 2014

Posted by **jarod** on Saturday, October 24, 2009 at 7:51pm.

15. You deposit $1500 to start a bank account that gives 5.4% interest, compounded annually. If you do not touch the account, how much will you have after 3 years? Make sure you round your answer to the nearest cent.=$1756.35

16. You find an old savings bond that originally cost $50. It has been compounding 3% interest annually for the last 75 years. How much is it worth? Make sure you round your answer to the nearest cent.=$459.00

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