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ericsmorrison ericsmorrison
  • 04-02-2017
  • Mathematics
Answered

if $55 is put in an account that gets 6% and i add $20 at the end of each year, how much will i have at the end of 10 years?

Verified Answer :

CallMeElle CallMeElle
  • 04-02-2017

I will not give you the answer but I will show you how to solve this.

55.6= A
65.6=B
75.6=C
85.6 = D

Do you see the trend? Continue until ten equations are formed and add all of the totals. A+B+D+C...=Total

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