Alex has $3200 saved at the bank with a 2.1% yearly interest rate. How much money would Alex have after 5 years in this account ? (he does not withdraw any money during those 5 years)

Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter3: Math Models
Section: Chapter Questions
Problem 430PT: Melinda deposited $5,985 in a bank account with an interest rate of 1.9%. How much interest was...
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Alex has $3200 saved at the bank with a 2.1% yearly interest rate.
How much money would Alex have after 5 years in this account ?
(he does not withdraw any money during those 5 years)
Transcribed Image Text:Exit Ticket Alex has $3200 saved at the bank with a 2.1% yearly interest rate. How much money would Alex have after 5 years in this account ? (he does not withdraw any money during those 5 years)
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