Answered: 4400 dollars is placed in an account…

4400 dollars is placed in an account with an annual interest rate of 8.25%. How much will be in the account after 29 years, to the nearest cent?

Elementary Algebra

17th Edition

ISBN:9780998625713

Author:Lynn Marecek, MaryAnne Anthony-Smith

Publisher:Lynn Marecek, MaryAnne Anthony-Smith

Chapter3: Math Models

Section: Chapter Questions

Problem 430PT: Melinda deposited $5,985 in a bank account with an interest rate of 1.9%. How much interest was...

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4400 dollars is placed in an account with an annual interest rate of 8.25%. How much
will be in the account after 29 years, to the nearest cent?

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