sophia222
sophia222 sophia222
  • 20-03-2017
  • Mathematics
contestada

suppose you invest 2500 in an account paying 7.25% interest compounded annually find the balance after six years then after 25 years

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nmckean01
nmckean01 nmckean01
  • 11-05-2017
y=2500(1+7.25%)^6 makes $3804.73
y=2500(1+7.25%)^25 makes $14383.76
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