You deposit $4000 each year into an account earning 5% interest compounded annually. How much will you have in the account in 20 years?
You deposit $4000 each year into an account earning 5% interest compounded annually. How much will you have in the account in 20 years?
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section7.7: Writing Exponential Functions
Problem 8CYU
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