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mortensenallis
mortensenallis mortensenallis
  • 15-05-2016
  • Mathematics
Answered

If $75 is put in an account that gets 6% and I add $20 at the end of each year, how much will there be in the account at the end of 10 years?

Verified Answer :

Alphabette
Alphabette Alphabette
  • 15-05-2016

I'm 80% sure 10 years of 6% interest from 75 dollars is 45 dollars.


If you want the interest from the one with the 20,
20 x 10 = 200, so just add that to 75, 
And $165 is the interest from that one.

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