SOLUTION: Mary just deposited $33,000 in an account paying 10% interest. She plans to leave the money in this account for seven years. How much will she have in the account at the end of the

Algebra ->  Finance -> SOLUTION: Mary just deposited $33,000 in an account paying 10% interest. She plans to leave the money in this account for seven years. How much will she have in the account at the end of the      Log On


   

Question 126001: Mary just deposited $33,000 in an account paying 10% interest. She plans to leave the money in this account for seven years. How much will she have in the account at the end of the seventh year?
Answer by checkley71(8403) About Me  (Show Source):
You can put this solution on YOUR website!
33,000*1.10*7 or 33,000*1.9487 or $64,07.66