Sten invests $3200 in an account earning 2% interest, compounded annually.
the equation that r...
Mathematics, 13.12.2019 22:31 GreenHerbz206
Sten invests $3200 in an account earning 2% interest, compounded annually.
the equation that represents this scenario is:
a(n) = 3200(1 + 0.02) - 1
how much will he have in the account in year 5? round your answer to the
nearest dollar.
o a. $3533
o b. $3464
o c. $6636
o
d. $13,056
Answers: 1
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