Amy invests $10,000 in an account that pays 1% compound interest annually. She uses the expression P(1+r)t to find the total value of the account after t years. What will be the total value of the account

asked Jul 27, 2019 35.0k views

3 votes

by Moli

5.8k points

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4 votes

Answer:

11046.22

Explanation:

The Cookies Dog answered Jul 28, 2019

6.2k points

1 vote

10000(1+0.01)^10 = 11046.22

The value would be $11046.22

Bohne answered Aug 2, 2019

by Bohne

6.4k points

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