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.
The formula is here.
Answered by
Reiny
amount = 635(1.0925)^21 = .....
you do the button-pushing.
you do the button-pushing.
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