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Mathematics 20 Online
OpenStudy (anonymous):

ANTHONY!!!!

hero (hero):

?

OpenStudy (anonymous):

ok

OpenStudy (anonymous):

i think everyone wants to be me lol

OpenStudy (anonymous):

maybe the other one was too full it kept freezing my computer

OpenStudy (anonymous):

oh ok

OpenStudy (anonymous):

lol right

OpenStudy (anonymous):

a formula used to compute the current value of a savings account is A=P(1+r)^n, where A is the current value: P is the amount deposited; r is the rate of interest for 1 compounding period, expressed as a decimal; and n is the number of compounding periods. which of the following is closest to the value of savings account after 5 years if 10,000 dollars is deposited at 4% annual interest compounded yearly?

OpenStudy (anonymous):

ok..first you have to set up your problem...show me what you think it should look like

OpenStudy (anonymous):

by george i think i got it lol A=10,000(1+.04)^5 which rounded off wouold be 12167

OpenStudy (anonymous):

good job girl

OpenStudy (anonymous):

it's set up right i didn't check the answer

OpenStudy (anonymous):

my calculator did lol

OpenStudy (anonymous):

lol...nice job

OpenStudy (anonymous):

what's next

OpenStudy (anonymous):

are you still there

OpenStudy (anonymous):

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