document.write( "Question 544763: Please, Could someone help with this?\r
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document.write( "The total value (v) of money (m) deposited in an account earning 6% inbterest compounded annually is v = m (1.06)^t where t is the number of years the money is in the account. What is the total value of $500 after 3 years in an account? what would the value be in 1/2 year?\r
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document.write( "Thanks\r
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Algebra.Com's Answer #355261 by rfer(16322)![]() ![]() ![]() You can put this solution on YOUR website! v=500(1.06)^3 \n" ); document.write( "v=500*1.191 \n" ); document.write( "v=$595.50 \n" ); document.write( "------------ \n" ); document.write( "v=500(1.06)^0.5 \n" ); document.write( "v=500*1.029563 \n" ); document.write( "v=$514.78 \n" ); document.write( " |