jenny1234417 jenny1234417

09-03-2018
Mathematics

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PLEASE HELP WILL GIVE BRAINLIEST!!!******** William invested $7000 in an account that earns 4.5% interest, compounded annually.

PLEASE HELP WILL GIVE BRAINLIEST William invested 7000 in an account that earns 45 interest compounded annually class=

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09-03-2018

This is a matter of plugging in numbers.
P = 7000 (starting value)
l = 0.045 (rate)
t = 3 (number of years)

A(t) = 7000(1 + 0.045)^3
A(t) = 7000(1.045)^3
After three years, William will have 7988.16

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