AIR MATH

Math Question

An employee put \( \$ 5,000.00 \) in a retirement account that offers \( 9 \% \) interest compounded annually. The employee makes no additional deposits or withdrawals. Which amount is closest to the interest the employee will have earned at the end of 5 years? F \( \$ 229.09 \) G \( \$ 450.00 \) H \( \$ 2,250.00 \) J \( \$ 2,693.12 \)

Solution

solution

AIR MATH homework app,
absolutely FOR FREE!

  • AI solution in just 3 seconds!
  • Free live tutor Q&As, 24/7
  • Word problems are also welcome!
appstoreplaystore

Scan the QR code below
to download AIR MATH!

qrcode