sophia222 sophia222

19-03-2017
Mathematics

Answered

suppose you invest 2500 in an account paying 7.25% interest compounded annually find the balance after six years then after 25 years

Verified Answer :

nmckean01 nmckean01

11-05-2017

y=2500(1+7.25%)^6 makes $3804.73
y=2500(1+7.25%)^25 makes $14383.76

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