Question

Quinten received $4,000 for his 5th birthday. His parents made him put it into an account earning 3.45% for when he turned eighteen. How much

should be in the account when he turns eighteen?

Answer 1

the answer will increase every year 5,794

Explanation:

Answer 2

5,794

Explanation:

3.45% of 4,000 is 138. (per year)

theres 13 years, so 138 x 13 = 1,794

then, 1,794 + 4000 = 5,794

Hope this helps!