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Populaire >

3600 dollars is placed in a account with a annual interest rate of 9%. how much will be in the account after 25 years to the nearest 10

Solution

3600 dollars is placed in a account with a annual interest rate of 9%. how much will be in the account after 25 years to the nearest 10

Solution

Amount : 11700

étapes des solutions

Translate the problem into an equation:

A = 3600 (1 + 0.09 \cdot 25)

3600 (1 + 0.09 \cdot 25) = 11700

Amount : 11700

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