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How much will be in an account at the end of 2 years if 12,000 is invested at 5% compounded annually

Respuesta :

That would be 
12,000(1.05)^2 =   13,230
chelseawheelerp5hfav
X= 12,000(1+0.05)^2
X=12,000 (1.05)^2
X= 12,000 (1.1025) 
X= 13,230

$13,230 should be the amount that is earned after two years with 5% compounded annually.

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