You deposit $4000 each year into an account earning 5% interest compounded annually. How much will you have in the account in 20 years?

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section: Chapter Questions
Problem 49CR
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Question
You deposit $4000 each year into an account earning 5%
interest compounded annually. How much will you have
in the account in 20 years?
$
Transcribed Image Text:You deposit $4000 each year into an account earning 5% interest compounded annually. How much will you have in the account in 20 years? $
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