Robin, who is self-employed, contributes $5000/year into a Keogh account. How much will he have in the account after 25 years if the account earns interest at the rate of 4.5%/year compounded yearly? (Round your answer to the nearest cent.) $

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
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Problem 7.36EP
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PRACTICE ANOTHER
Robin, who is self-employed, contributes $5000/year into a Keogh account. How much will he have in the account after 25 years if the
account earns interest at the rate of 4.5%/year compounded yearly? (Round your answer to the nearest cent.)
$
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Transcribed Image Text:MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Robin, who is self-employed, contributes $5000/year into a Keogh account. How much will he have in the account after 25 years if the account earns interest at the rate of 4.5%/year compounded yearly? (Round your answer to the nearest cent.) $ Need Help? Read It Watch It
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