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You have a savings account that provides 5% interest, compounded annually, on your total balance. You put $1000 in the account 10 years ago but forgot about it (you haven’t added more money and you haven’t withdrawn money). How much do you expect to have in the account today?

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NotMeJustCopying
Don’t listen to other links said the girl, underline and determine what she said so what she said was the text
Amor8182

Answer:

$1,500

Step-by-step explanation:

$50 per $1000

10 yrs × $50= $500

$1000+ 500= $1500

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