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brooke3493
22.06.2019 •
Mathematics
Joyce deposited $5000 in an account with an annual interest rate of 6%, compounded annually. how much money will be in the account 10 years later
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Ответ:
Original value x (1+interest rate)^(years)
The annual interedt rate: 6% = 0.06
The money he will recieve 10 year later:
5000 x (1+0.06)^10
= 5000× (1.06)^10
= 5000 × 1.79085...
≈ 8954.24
Therefore, $8954.24 will be in his account 10 years later.
Hope it helps!
Ответ:
boston
Explanation:
because