thunderrule34
thunderrule34 thunderrule34
  • 16-09-2021
  • Mathematics
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Jenny deposits $105 into an account that earns 4% interest compounded annually. What is the balance in her account after 11 years? (Round to the nearest cent)​

Jenny deposits 105 into an account that earns 4 interest compounded annually What is the balance in her account after 11 years Round to the nearest cent class=

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Dxtcho
Dxtcho Dxtcho
  • 16-09-2021

Answer:

I'm not 100% sure, so I really apologize if my answer is incorrect (Haven't done interest rate in a while) But the answer I got was $161.64

Step-by-step explanation:

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