Posted by **cc** on Monday, April 5, 2010 at 1:54pm.

child is now 3 years old - dad opens account with $10,000 it earns 4.5% annual intrest.

a) construct formula (A(t)=Ao(a)^t)

b) how much money will be in account when he is 10 years old

c) if dad wants account to grow to 100,000 when he is 18 then what should original amount to be

## Answer This Question

## Related Questions

- math - An investor has 7000 to invest in two accounts. The first account earns 8...
- finance - You deposit 172 dollars in an account every year for 9 years that ...
- math - 10 years ago raj deposited $5000 into an investment account with intrest...
- math - if I deposited $100 in your savings account today, how much will you have...
- Finance - Assume that you are 23 years old and that you place $3,000 year-end ...
- math - a bank account earns 7% annual interest compounded continuously. you ...
- maths - How much would you need to deposit in an account now in order to have $...
- math - How much would you need to deposit in an account now in order to have $20...
- Math - Danny invested$5,000 into his savings account for college when he was 13...
- algebra - Kelly plans to put her graduation money into an account and leave it ...

More Related Questions