A client has an investment account with an underlying total of $5,000. The record acquires a yearly loan fee of 3.5%, accumulated every year. The client puts aside no extra installments or withdrawals for a long time. Compute the equilibrium in the bank account toward the finish of the three-year time frame.

Kindly give the response, showing your computations and any equations utilized.

Answer rating: 100% (QA)

The detailed answer for the above question is provided below To comput... View the full answer