Mathematics: Ella has $50,000 is a saving account. The savings collect interest at an 8% annual rate that compounds every year. How much money will be in Ellas account after 5 years?

Step-by-step explanation:550 = 50 11 = ln(11) = 5 ln(x)x = x = 1.61510 hours ....A= 50 ( )A= 50 ( )A=605020 hours ....A= 50 ( )A= 50 ( )A=732,050...

Ella has $50,000 is a saving account. The savings

keaudresp57ie1

27.01.2022

210000$

Step-by-step explanation:

1st we find the SI which will be P*R*T/100=50000*8*5/100

=32000

32000 will be added per year

32000*5=160000 for 5 years

160000+50000=210000$

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JanetLee7907

25.04.2023

Step-by-step explanation:

550 = 50 $x^{5}$

11 = $x^{5}$

ln(11) = 5 ln(x)

x = $e^{ln(11)/5}$

x = 1.615

10 hours ....

A= 50 ( $1.615^{10}$ )

A=6050

20 hours ....

A= 50 ( $1.615^{20}$ )

A=732,050

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