Correct answer only please!
Elizabeth deposited $4,530 in a savings account earning 11%...
Mathematics, 01.06.2020 15:57 ally7366
Correct answer only please!
Elizabeth deposited $4,530 in a savings account earning 11% interest, compounded annually.
To the nearest cent, how much will she have in 5 years?
Use the formula B = p(1 + r)t, where B is the balance (final amount), p is the principal (starting amount), r is the interest rate expressed as a decimal, and t is the time in years.
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