Mathematics, 05.05.2020 08:13 davisz23
Elaine plans on saving $2,000 a year and expects to earn an annual rate of 8.8 percent. How much will she have in her account at the end of 43 years?
Answers: 3
![A(43) = \dfrac{2000((1 + 0.088)^{43}-1)}{0.088}\\\dfrac{2000[(1 .088)^{43}-1]}{0.088}\\A(43)=\$831,532.24](/tpl/images/0635/2600/865ad.png)
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Elaine plans on saving $2,000 a year and expects to earn an annual rate of 8.8 percent. How much wil...
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