
Sam Z. answered 12/23/20
Tutor
4.3
(12)
Math/Science Tutor
fv=p(1+int/c)^(tn)
future value
principal
int
compoud=times
yrs
fv=10000(1+.11)^10=$28.394.21
Khaled A.
asked 12/22/20Suppose that a person deposits 10.000 dollars in a savings account at a bank yielding % 11 per year with interest compounded annually. How much will be in the account after 10 years, 20 years, 30 years?
Sam Z. answered 12/23/20
Math/Science Tutor
fv=p(1+int/c)^(tn)
future value
principal
int
compoud=times
yrs
fv=10000(1+.11)^10=$28.394.21
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