9,600 dollars is placed in a savings account with an annual interest rate of 1.2%. If no money is added or removed from the account, which equation represents how much will be in the account after 5 years?Answer

Use a function in Excel to answer the following question.How much money would you have in a savings account at the end of 5 years if the following were true?You make payments of $15 a month to your savings account every month for 5 years.Your savings account an interest rate of 1.2% that does not change during the 5 years.You will not take any money out of your savings account during this 5-year period.You start with $0.Group of answer choices$1,307.06 in your savings after 5 years-$927.07 in your savings after 5 years$927.07 in your savings after 5 years$0.26 in your savings after 5 years

Suppose $5,000 is deposited into an account paying 7.5% interest, compounded annually.How much money is in the account after four years if no withdrawals or additional deposits are made?

You deposited 6,000 in a savings account, and after 4 years, your account balance is 7,800. What was the annual interest rate on the account?

Alice opened a savings account and deposited $800.00 as principal. The account earns 10% interest, compounded quarterly. What is the balance after 10 years?Use the formula A=P1+rnnt, where A is the balance (final amount), P is the principal (starting amount), r is the interest rate expressed as a decimal, n is the number of times per year that the interest is compounded, and t is the time in years.Round your answer to the nearest cent.

You invest ₹5,000 in a savings account with an annual interest rate of 6%. What will be the value of your investment after 3 years if the interest is compounded annually?₹5,955.08