NoLimitFxzo NoLimitFxzo

23-09-2020
Mathematics

contestada

Cooper is opening an online savings account to hold his $20,000
emergency fund. The online account pays 1.5% interest compounded
monthly. If Cooper does not deposit or withdraw any money from the
account, how much will be in the account in 5 years

Respuesta :

kennedyarielle144 kennedyarielle144

23-09-2020

Answer:

he will have 2019

5 years= 60months 60x1.5=0.9 0.9=90 20000+90

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