Asked by ANGEL
If C dollars are deposited in an account paying r percent annual interest, the amount after x years is A+C(1+r)*. Approximate the amount in the account after x years, when C=$100.00, r=19%, and x-15 years.
Answers
Answered by
Henry
A = C + Crt
A = 100 + 100*0.19*15= $385.
A = 100 + 100*0.19*15= $385.
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.