maryrowe maryrowe

31-03-2020
Mathematics

contestada

bob has $830 in an account earning 5.3% simple interest. how much more interest would her account earn in 9 years with annually compounded interest?

Respuesta :

HatfieldMC HatfieldMC

31-03-2020

Answer:

1321.09

Step-by-step explanation:

y=ab^x a= initial amount= 830 b=interest = 1.053 x= time= 9

830(1.053)^9

put that into your calculator and there is your answer

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