radomes.openskiesproject.org
Thetiger1 Thetiger1
  • 13-04-2016
  • Mathematics
Answered

Your mom opened a college fund for you when you were born. The fund had an annual interest rate of 2.5%. When you turned 18, the account had earned $4,275 in interest. What was the amount your mom deposited when you were born?

Verified Answer :

kaitlingunter509 kaitlingunter509
  • 13-04-2016

set up the equation like this
4,275= x (1.025)∧18
then solve for the answer 
The answer should be $2740.98, but you should double check. 

Answer Link
rebellalancy8
rebellalancy8 rebellalancy8
  • 01-04-2019

Answer

9500

Step-by-step explanation:

Answer Link

Related Questions

Which fuel is usually obtained by strip mining A oil B uranium C coal D natural gas
In the Island of the Blue Dolphin what are some of the islands most important features Why do the features matter
what is car in mandarin
A tuning fork vibrates at a frequency of 512 hertz when struck with a rubber hammer The sound produced by the tuning fork will travel through the air as a 1 lon
the amount of material needed to make curtains is 4 square yards per window express rule with an equation
Whats the value of 57281 joules in Btu
2112 is what percent of 825
Solve the following 32 divided by 4 4 x 8
Which work is the best example of an adaptation A A speech given by a political candidate B A popular song played on the radio C A recently discovered book of p
find the expressions for x6 and y17 x 3 y