radomes.openskiesproject.org
Ladan Ladan
  • 21-03-2017
  • Mathematics
Answered

You deposit $100 in an account that pays 6% annual interest.

Ahow much money will you have at the end of 12 years

Verified Answer :

MarcoWenth
MarcoWenth MarcoWenth
  • 21-03-2017

you need to multiply 100 by 0.06, multiply that by 12, and add 100.

Answer Link
Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 21-03-2017

A=p(1+rt)
A=100×(1+0.06×12)
A=172

Answer Link

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