7900 dollars is placed in an account with an annual interest rate of 5.5%. How much will be in the a

Discussion in 'Calculator Requests' started by math_celebrity, Mar 26, 2021.

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  1. math_celebrity

    math_celebrity Administrator Staff Member

    7900 dollars is placed in an account with an annual interest rate of 5.5%. How much will be in the account after 11 years, to the nearest cent?

    Using our compound interest calculator, we get:
    14,236.53
     
    math_celebrity, Mar 26, 2021
    #1

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