43. Ms. Williams invested $9500 in an account that earned interest at an annual rate of 8%, compounded quarterly. If Ms. Williams does not make any withdrawals or deposits, which of the following equations represents the amount of money, A, in dollars, in her account in 20 years? A = 9500(1.02)2C A = 9500(1.02)80 A = 9500(1.08)20 A = 9500(1.08) S0 CLEAR ALL

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter7: Systems Of Equations And Inequalities
Section7.2: Systems Of Linear Equations: Three Variables
Problem 63SE: You inherit one million dollars. You invest it all in three accounts for one year. The first account...
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ZOOM
43. Ms. Williams invested $9500 in an account that earned interest at an annual rate of
8%, compounded quarterly. If Ms. Williams does not make any withdrawals or
deposits, which of the following equations represents the amount of money, A, in
dollars, in her account in 20 years?
A
= 9500(1.02)20
A = 9500(1.02)80
A = 9500(1.08)20
A = 9500(1.08)s0
CLEAR ALL
46
V 47
40
41
42
O43
44
45
39
( PREVIOUS
38
Transcribed Image Text:ZOOM 43. Ms. Williams invested $9500 in an account that earned interest at an annual rate of 8%, compounded quarterly. If Ms. Williams does not make any withdrawals or deposits, which of the following equations represents the amount of money, A, in dollars, in her account in 20 years? A = 9500(1.02)20 A = 9500(1.02)80 A = 9500(1.08)20 A = 9500(1.08)s0 CLEAR ALL 46 V 47 40 41 42 O43 44 45 39 ( PREVIOUS 38
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