13-05-2020
Mathematics

contestada

Allen opens a retirement savings account with an initial deposit of $5,000. He makes annual contributions to the account, and at the end of 5 years the account has grown to $8,650. Which best describes Allen’s investment?

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scolarolilyanr scolarolilyanr

13-05-2020

Answer:

He gained 3,650 dollars over 5 years of saving his retirement money

Step-by-step explanation:

Just subtract 5,00 from 8,000 and u get 3,000 so then just add 650 to the 3,000 and thats your answer 3,650!!

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