4400 dollars is placed in an account with an annual interest rate of 8.25%. How much will be in the account after 29 years, to the nearest cent?

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.49TI: Nathaly deposited $12,500 in her bank account where it will earn 4% simple interest. How much...
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4400 dollars is placed in an account with an annual interest rate of 8.25%. How much will be in the account
after 29 years, to the nearest cent?
e
Answer Attempt 2 out of 2
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Transcribed Image Text:Question 4400 dollars is placed in an account with an annual interest rate of 8.25%. How much will be in the account after 29 years, to the nearest cent? e Answer Attempt 2 out of 2 00 с d 25.169.04 I S4 C 20240 r f % ន ហ V Reserved Privacy Policy COLS hp g Oll 6 t y b h & 7 n O u j * 8 3 i ( 9 k Submit Answer L ✓ O alt ) 0 р D > ctrl 0 [ ? 1 < Show Examples + 11 Feb 28 1:37 US } **** Still Stuck? 1 backspace enter shift >
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