Asked by Lindsey
find the amount of money in a bank account given the following conditions. Initial deposit= $2000, annua rate= 5.5%, time= 4 years?
Answers
Answered by
Henry
Pt = Po + r*t*Po,
Pt = 2000 + 0.055*4*2000,
Pt = 2000 + 440 = 2440.
Pt = 2000 + 0.055*4*2000,
Pt = 2000 + 440 = 2440.
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.