Register
$9500 in an account that pays 9% interest compounded each year. Assume that no withdrawals are made from the account.
144k views
2 votes
$9500 in an account that pays 9% interest compounded each year. Assume that no withdrawals are made from the account.

User Steven Ventimiglia
by
7.2k points

1 Answer

6 votes
$475 are added each year
User Mayen
by
5.8k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.7m questions

8.9m answers

Other Questions

What is the least common denominator of the four fractions 20 7/10 20 3/4 18 9/10 20 18/25
Which of the following comparisons is false? 5° c is warmer than 5°f. 15° c is cooler than 60° f. 30° c is warmer than 90° f. 35° c is cooler than 100° f.
What is 0.12 expressed as a fraction in simplest form
arlos has $690,000 he wants to save. If the FDIC insurance limit per depositor, per bank, is $250,000, which of these ways of distributing his money between three banks will guarantee that all of his money
Solve using square root or factoring method plz help!!!!.....must click on pic to see the whole problem
Link Copied!