document.write( "Question 450101: If c dollars are deposited in an account paying r% annual interest, approximate the the amount in the account after x years if c= $150, r=2.5% and x= 20 years.
\n" ); document.write( "Thanks to anyone who can help. \n" ); document.write( "

Algebra.Com's Answer #309657 by ewatrrr(24785) $\"\"$ $\"About$

You can put this solution on YOUR website!

 
\n" );
document.write( "Hi,
\n" );
document.write( "If c dollars are deposited in an account paying r% \"annual interest\"
\n" );
document.write( "approximate the the amount in the account after x year:
\n" );
document.write( "c= $150, r=2.5% and x= 20 years
\n" );
document.write( "A= p(1+r/n) ^nt     |n = 1
\n" );
document.write( "A = $150(1.025)^20
\n" );
document.write( "A =  $245.79 \n" );
document.write( "

\n" );