Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. lupita deposited $5,000 into a savings account tha

Lupita deposited $5,000 into a savings account that earns 2% interest compounded annually. Rounded to...

90.2K

Verified Solution

Question

Basic Math

image

Lupita deposited $5,000 into a savings account that earns 2% interest compounded annually. Rounded to the nearest cent, how much interest will Lupita have earned after 48 months?The answer is $

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Biology
1.2K views

If you want to reproduce the shuttling experiment as performed during week 3. you will need...

Electrical Engineering
1.2K views

Write a detailed note on Radial basis function

General Management
1.2K views

Describe the Punctuated Equilibrium of change, and what are the drivers of change under this model? Use...

Biology
1.2K views

When electrons are collected, so is energy.A. potentialC. kineticB. chemicalD. vibrational

Biology
1.2K views

The following picture shows a saprotroph feeds on detritus by external digestion This fungus like...

Physics
1.2K views

he temperature of a disk made of a certain metal is increased to 100C The...

Geometry
1.2K views

Which of the following items would not be classified as an asset OA Savings account...

Calculus
1.2K views

Evaluate the definite integral L 2 5 22 28 3 cos z a

Algebra
1.2K views

Question 17 of 39 She should blend lbs of high quality beans Round to the...

Accounting
1.2K views

Below are the Adjusted Trial Balance of Jasmine Limited as at 31 December 2018. $33,750...

Accounting
1.2K views

this is spreadsheet question.. please help me in detail. 4) Find the...

Accounting
1.2K views

Gomez is considering a $180.000 investment with the following net cash flows. Gomez requires a...