Register
Bertha deposited $1000 into a retirement account when she was 18. How much will Bertha have in this account after 50 years at a yearly simple interest rate of 7.5%?
51.0k views
0 votes
Bertha deposited $1000 into a retirement account when she was 18. How

much will Bertha have in this account after 50 years at a yearly simple
interest rate of 7.5%?

User Ken Thomases
by
4.1k points

1 Answer

3 votes
1,000(1.075)^50=37,189.746…
User Raghu Nagaraju
by
4.3k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

4.5m questions

5.9m answers

Other Questions

PLEASE HELP !!!!!!!! THANK YOU line m includes the points (-5,3) and (-2,-6). Line n has the same slope as line m and a y-intercept of -2/3. Write the equation for line n in slope-intercept form.
I really need help!!!
Help, I really need help and I've been stuck on this one ^^^
Ten cupcakes cost 15$. How much does one cupcake cost?
Jay earns $50 per week plus $5.25 fro each hour worked in a given week Fred earnings are calculated using the formula p=6.25(x+8) where x is the number of hours Matt worked which statement is true. a.
Link Copied!