Register

Hugo puts $200.00 into an account to use for school expenses. The account earns 13% interest, compounded annually. How much will be in the account after 6 years?

Hugo puts $200.00 into an account to use for school expenses. The account earns 13% interest, compounded annually. How much will be in the account after 6 years?
43.7k views
2 votes
Hugo puts $200.00 into an account to use for school expenses. The account earns 13% interest, compounded annually. How much will be in the account after 6 years?

User Vladyslav Babenko
by
7.6k points

1 Answer

4 votes

Answer:

y=200(1.13)^6= 416.39

Explanation:

User Daniel Dahms
by
7.7k points
← Prev Question Next Question →

No related questions found

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

9.4m questions

12.2m answers

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!