Using formula B=p(1+r)5
=$1000(1+0.05)5
1000(1.05)5
1000(1.2762815625)
total=1276.28
using formula above, calculate balance if interest is compounded annually. $800.00 at 4% interest for 2 years
how did I get the (1.2762815625)
multiplying what numbers?​