madisonrparks
madisonrparks
27.06.2020 • 
Mathematics

You deposit $4600 in an account that earns 3% per year simple interest. The equation that represents this situation is:
A(n) = 4600 + (n - 1)(0.03 • 4600)
How much will you have in the account at the beginning of the 9th year?
Round your answer to the nearest dollar.

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