Questions LLC
Login
or
Sign Up
Ask a New Question
Questions
Math
If $690 is invested in an account that earns 20.75%, compounded annually, what will the account balance be after 25 years? (Round your answer to the nearest cent.)
1 answer
690*(1.2075)^25 = $76,917.93
You can
ask a new question
or
answer this question
.
Related Questions
An investment account earns 4% per year compounded annually. If the initial investment was $4,000.00, how much is in the account
Ben Garrison invested $15,000 at 5% compounded daily in a credit union account that matures in 1 year. He also invested 20000 at
An initial investment of $12,000 is invested for 2 years in an account that earns 4% interest compounded quarterly. Find the
Luke deposits $3,500 into each of two savings accounts.
Account I earns 3% annual simple interest. Account II earns 3% interest
Deposits $3500 into each of two savings accounts account one earns 3% annual simple interest account two earns 3% interest
1 of 101 of 10 Items
00:38 Question Luke deposits $3,500 into each of two savings accounts. Account I earns 3% annual simple
Jayden opens a savings account with $100.00. His account earns 4% simple interest annually. How much money will be in his
Ben Garrison invested $15,000 at 5% compounded daily in a credit union account that matures in 1 year. He also invested 20000 at
If $690 is invested in an account that earns 20.75%, compounded annually, what will the account balance be after 25 years?
If $1000 is invested in an account that earns 11.75%, compounded annually, what will the account balance be after 12 years?