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OpenStudy (anonymous):
Suppose that $70,000 is invented at 9% interest. Find the amount of money in the account after 4 years if the interest is compounded annually. If interest is compounded annually, what is the amount of money after t=4years? $_____
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OpenStudy (anonymous):
FV = PV(1+i)^n FV = 70,000(1+0.09)^4 FV = 98810.71
OpenStudy (anonymous):
You are officially my favorite person on here. Think you could help me with 3 more?
OpenStudy (anonymous):
yea sure post em i[
OpenStudy (anonymous):
up*
OpenStudy (anonymous):
ok one sec
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