Asked by Anonymous
Sally at age 18 invests $3,000 in the bank account. The account rate goes up 5% annually. How much will be in the account, by the time Sally is 25?
Answers
Answered by
Reiny
so in 7 years ?
amount = 3000(1.05)^7
= ....
amount = 3000(1.05)^7
= ....
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