document.write( "Question 393182: A = P(1+r)t (t is as an exponent)
\n" );
document.write( "In the formula A = P(1+r)t, P is the principal\, r is the annual rate of interest, and A is the amount after t years. An account earning interest at a rate of 4% has a principal of $500,000. If no more deposits or withdrawls are made, about how much money will be in the account after five years?\r
\n" );
document.write( "\n" );
document.write( "A $705,200
\n" );
document.write( "B $620,700
\n" );
document.write( "C $608,300
\n" );
document.write( "D $575,000 \n" );
document.write( "
Algebra.Com's Answer #279161 by ankor@dixie-net.com(22740)![]() ![]() You can put this solution on YOUR website! A = P(1+r)t (t is as an exponent) \n" ); document.write( "In the formula A = P(1+r)t, P is the principal\, r is the annual rate of interest, and A is the amount after t years. An account earning interest at a rate of 4% has a principal of $500,000. If no more deposits or withdrawls are made, about how much money will be in the account after five years? \n" ); document.write( ": \n" ); document.write( "A = 500000(1.04)^5 \n" ); document.write( "A = 500000*1.2166529 \n" ); document.write( "A = $608,326.45, so guess it's c \n" ); document.write( " |