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    College Algebra
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    Exam 5: Exponential and Logarithmic Functions
  5. Question
    If Alicia Deposits $1,250 in a Savings Account That Earns
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If Alicia Deposits $1,250 in a Savings Account That Earns

Question 85

Question 85

Short Answer

If Alicia deposits $1,250 in a savings account that earns 5.4% interest per year compounded annually, how much money can she expect to be in the account in 3 years? Round your answer to two decimal places.

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