leahdeberry4 leahdeberry4

07-10-2020
Mathematics

contestada

Suppose you deposit 1000 $ in a savings account that pays interest at an annual rate of 4%. If no money is added or withdrawn from the account, answer the following questions.

How much will be in the account after 3 years?
b. How much will be in the account after 16 years?
c. How many years will it take for the account to contain 1,500 $?
d. How many years will it take for the account to contain 2000$?

Some one please helppppppp mee

Respuesta :

07-10-2020

Answer:

a. 1124.86

b. 1872.98

c. 10.35

d. 17.7

Step-by-step explanation:

use the formula A(t) = a (1+r)^t

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