213k views
3 votes
if $55 is put in an account that gets 6% and i add $20 at the end of each year, how much will i have at the end of 10 years?

1 Answer

2 votes
I will not give you the answer but I will show you how to solve this.

55*.6= A
65*.6=B
75*.6=C
85*.6 = D

Do you see the trend? Continue until ten equations are formed and add all of the totals. A+B+D+C...=Total
User Rupak
by
7.7k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.