Mathematics, 22.04.2020 01:58 ayoismeisalex

If $1,000 is invested at 16% interest, compounded annually, for five years, what is the
ending balance?
$22,255.40
$2,100.34
$225.54
$1,225,54

Answers: 2

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More questions: Mathematics Another questions

If $1,000 is invested at 16% interest, compounded annually, for five years, what is the ending balance? $22,255.40 $2,100.34 $225.54 $1,225,54

Answers

Another question on Mathematics

If $1,000 is invested at 16% interest, compounded annually, for five years, what is the
ending balance?
$22,255.40
$2,100.34
$225.54
$1,225,54