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Mathematics 28 Online
OpenStudy (anonymous):

Three years ago, Andy invested $5,000 in an account that earns 5% interest compounded annually. The equation y=5,000(1.05) describes the balance in the account, where x is the time in years. Andy has made no additional deposits and no withdrawals. How much is in the account now? Question 25 answers $5,788.13 $5,750.00 $5,470.19 $5,250.26

OpenStudy (anonymous):

hi seems like the x is missing in the equation lol...

OpenStudy (anonymous):

huh?

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