Asked by Anonymous

If $635 is invested in an account that earns 9.25%, compounded annually, what will the account balance be after 21 years?

Answers

Answered by Writeacher
http://www.moneychimp.com/articles/finworks/fmfutval.htm

The formula is here.
Answered by Reiny
amount = 635(1.0925)^21 = .....

you do the button-pushing.
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