document.write( "Question 561005: To what amount will $4900 invested for 10 years at 9% compunded annually accumulate? \n" ); document.write( "
Algebra.Com's Answer #364119 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! To what amount will $4900 invested for 10 years \n" ); document.write( "at 9% compunded annually accumulate? \n" ); document.write( "----------------- \n" ); document.write( "A(t) = P(1+(r/n))^(nt) \n" ); document.write( "----- \n" ); document.write( "A(10) = 4900(1.09)^(10) \n" ); document.write( "--- \n" ); document.write( "A(10) = $11,600 \n" ); document.write( "============================= \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "============================ \n" ); document.write( " \n" ); document.write( " |