SOLUTION: sandra wants to deposit $80 each year for her son.IF she places her deposits in a savings account that pays 6% per year what amount will be in the account in 21 years?

Question 987524: sandra wants to deposit $80 each year for her son.IF she places her deposits in a savings account that pays 6% per year what amount will be in the account in 21 years?
Answer by 428225(90) (Show Source): You can put this solution on YOUR website!
Since the interest rate on the account is 6%, the multiplier you use will be 1.06. Also, since the money will be in the account for 21 years, you put the multiplier to the power of 21.

So the calculation is:

Find x
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