alissascott1494 alissascott1494
  • 15-11-2022
  • Mathematics
contestada

Use this formula to calculate compound interest:

Principal x (1 + Interest Rate)(Time)

$100

Interest Rate = 4%

Time= 5 years

Using the information above, how much money would you have after 5 years? Choose the answer that is closest to the exact answer.

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