sarahphann sarahphann
  • 06-10-2018
  • Mathematics
contestada

Jerry deposited $20,000 on an investment that will give $1,750 for every year that his money stays in the account. how much money will he have in his account by the end of year 8

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a7medwael69
a7medwael69 a7medwael69
  • 06-10-2018

the interest rate is 8.75%

Amount=20000(1+8.75%/100)  into power of time 8

=39125.88


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