Alvpurseufv Alvpurseufv
  • 14-04-2017
  • Mathematics
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Your parents put $500 into an account paying 7 percent interest for you when you were ten. ten years later they tell you that you can take the money out of the account. what is the balance to the nearest penny?

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AnimaliaLover129
AnimaliaLover129 AnimaliaLover129
  • 14-04-2017
The answer is $983.58
Answer Link
Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 14-04-2017
A=500×(1+0.07)^(10)
A=983.58
Answer Link

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