document.write( "Question 986760: Future value: Sandra wants to deposit 180 dollars each year for her son. If she places her deposits in a savings account that pay 4% per year, what amount will be in the account in 22 years? \r
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document.write( "If she placed it in a savings account that pays 4 percent, the amount that will be in the account in 22 years is? $______ \n" );
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Algebra.Com's Answer #607536 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! P=Po{1+r}^22 \n" ); document.write( "r=0.04 \n" ); document.write( "P=180{1.04}^22 \n" ); document.write( "1.04^22=2.3699 \n" ); document.write( "without rounding multiply by 180 \n" ); document.write( "P=$426.59 \n" ); document.write( " |