Janelle puts $1,000.00 into an account to use for school expenses. the account earns 14% interest, compounded annually. how much will be in the account after 10 years?

$2,400

Step-by-step explanation:

Initial money saved by Jane = $1,000

If 14% interest is generated annually, the annual Interest amount to 14% of $1,000 = $140

After 10years, the accrued interest will be $140 × 10 which is $1,400

The total amount that will be in the account after 10years will be initial deposit + accrued interest

= $1,000 + $1,400

=$2,400

did you get the answer yet?

step-by-step explanation:

x = 3 ± √(5+y)