tdbstonefamliy
04.12.2019 •
Mathematics
Awarding more
you deposit $600 in a savings account.
the account earns 3.5% interest compounded annually. you want to find out how much you will have after 4 years.
a. what is the value of t? t =
b. how do you write 3.5% as a decimal?
c. what is the balance after 4 years? balance = $ (round to the nearest hundreth, or two deciamal places)
b. what is the interest earned? $
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Ответ:
a) t in this equation would be the number of years so in this case t=4
b)3.5/100=0.035
c)A=600(1+(0.035/1)^(1×4)=688.51
d) The account earned $88.51
Ответ: