document.write( "Question 322766: The balance, B n + 1, in Mr. Smith's savings account at the end of a year is calculated by the equation B n+1 = (1.065) Bn, where Bn is the balance at the end of the previous year. Mr. Smith made a deposit to pen the account 4 years ago. He has not made any additional deposits or withdrawls since. The balance at the end of two years was 1701.34. What is the balance at the end of 4 years?
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document.write( " a) 1922.51
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document.write( " b) 1929.70
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document.write( " c) 2143.69
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document.write( " d) 2188.72 \n" );
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Algebra.Com's Answer #231048 by solver91311(24713) You can put this solution on YOUR website! \r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "You told us how to do the problem. The only thing left is to do the arithmetic. Are you saying that you cannot operate a calculator?\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "is the balance at the end of the 3rd year, so\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "must be the balance at the end of the 4th year.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "John \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " |