leahprice leahprice
  • 21-11-2016
  • Mathematics
contestada

Ellen deposits $6,773 into an account earning 1% annually. After seven years what will Ellen's balance have grown to, including interest?

Respuesta :

tschitwood1 tschitwood1
  • 21-11-2016
Take 6773 x 1%=6840.73 now take 6840.73 x 1% and add it back to give you year 2. Continue to year 7
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