Question: Mike Branson invested his summer eamings of $5000 in a savings account for college. The account pays 4.5% interest. How much will this amount to

 Mike Branson invested his summer eamings of $5000 in a savings

Mike Branson invested his summer eamings of $5000 in a savings account for college. The account pays 4.5% interest. How much will this amount to in 3 months Mike's savings will amount to in 3 months (Round to the nearest cent as needed )

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