bvanvoorhis bvanvoorhis

22-08-2018
Mathematics

contestada

Jill invested $20,000 in an account that earned 5.5% annual interest compounded annually, what is the value after 10 years

Respuesta :

22-08-2018

The answer would be $34,162.89

Answer Link

Аноним Аноним

22-08-2018

Value after 10 years = 20000(1 + 0.055)^10

= 34,162.89 dollars

Answer Link

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