document.write( "Question 760466: George deposits $45 at the end of each year for 4 years. How much will he have at the end of
\n" ); document.write( "year 4 if interest rate is 5% compounded annually? \n" ); document.write( "

Algebra.Com's Answer #462663 by Cromlix(4381) $\"\"$ $\"About$

You can put this solution on YOUR website!
100 + 5 = 105% = 1.05
\n" ); document.write( "$45 * 1.05 ^4 = $54.70
\n" ); document.write( "Hope this helps
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