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If Jennifer put $5000 in the bank at 7 percent interest compounded annually, how much money would she have at the end of the two years?

 Apr 23, 2015

Best Answer 

 #2
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5000(1.07)^2

 Apr 24, 2015
 #1
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5000/100=50*7=350+5000=5350/100=53.5*7=374.5+5350=5724.5

 Apr 23, 2015
 #2
avatar+118696 
+5
Best Answer

5000(1.07)^2

Melody Apr 24, 2015

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