A credit union client deposits $600 in an account earning 4% interest, compounded annually. What will the balance of the account be at the end of 24 years? Enter the answer in dollars and cents, and round to the nearest cent, if needed. Balance $
A credit union client deposits $600 in an account earning 4% interest, compounded annually. What will the balance of the account be at the end of 24 years? Enter the answer in dollars and cents, and round to the nearest cent, if needed. Balance $
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.4: Geometric Sequences And Series
Problem 7SC
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