document.write( "Question 820051: I'm Sorry in advance, These are one of those 3 part problems, you make take my daily question away, thank you if your able to help me (i answered one i think, the others im having trouble with the formula):\r
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document.write( "A(t)= a(1+r)^t\r
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document.write( "26.)suppose you deposit $2000 in a savings account that pays interest at an annual rate of 4%. If no money is added or withdrawn from the account, answer the following questions\r
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document.write( "a)How much will be in the account after 3 years (i got 2249.728)
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document.write( "b)How much will be in the account after 18 years
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document.write( "c)How many years will it take for the account to contain $2500
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document.write( "d)How many years will it take for the account to contain $3000\r
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document.write( "This counts as my four questions i guess \r
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document.write( "Thanks in advance :D \n" );
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Algebra.Com's Answer #493371 by jerryguo41(197)![]() ![]() You can put this solution on YOUR website! a)For three years; t=3 \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "You would have $2249.73 in your bank account \n" ); document.write( "-------------------------------------------- \n" ); document.write( "b)For three years; t=18 \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "You would have $4051.63 in your bank account \n" ); document.write( "-------------------------------------------- \n" ); document.write( "c)Account Balance 2500; A(t)=2500 \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "You will have $2500 in the bank within 5 years and 9 months \n" ); document.write( "----------------------------------------------------------- \n" ); document.write( "d)Account Balance 3000; A(t)=3000 \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "You will have $3000 in the bank within 10 years and 5 months\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |