Question

HELP PLEASE ! Each year cathy invests $1,200 in her account. the account pays an interest rate of 6.3% . A is the amount invested per year , r is the intrest rate and n, is the number of years investing Approximately how much will cathy hav in her account after 45 years ? the formula is B= A(1+r)^n+1-A / r

Answer 1

278,692.67

Answer 2

Thanks : )