A bank account pays 0.5% monthly interest. If $500 is put in the account, what will the balance be at the end of one year, assuming no addit

Question

A bank account pays 0.5% monthly interest. If $500 is put in the account, what will the balance be at the end of one year, assuming no additional deposits or withdrawals are made? Do not include units ($) in your answer.

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King 4 years 2021-07-31T14:37:28+00:00 1 Answers 78 views 0

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    -1
    2021-07-31T14:38:32+00:00

    Answer:

    554.48

    Step-by-step explanation:

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