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OpenStudy (anonymous):
if c dollars are deposited in an account paying r percent annual interest, the amount after x years is A =c(1+r)^x approximate the amount in account after x years, when c=$150,r =16% and x =19 years
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OpenStudy (anonymous):
what i have so far is that A:150(1+16%)^19 A:150(1.16%)^19 (1.74%)^19 :37,190.81... but idk how to convert that number into percentage sorry... anways i believe this is the answer!
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