Posted by **Yun** on Friday, January 27, 2012 at 8:10pm.

A Parent sets up a bank account with $4000. The bank pays 8% interest. The Parent will put in $3000 every year till the child turns 18.

I need the equation.

## Answer this Question

## Related Questions

- differential equation - If P(t) is the amount of dollars in a savings bank ...
- Algebra - Suppose $6,500 is divided into two bank accounts. One account pays 10...
- Finance - Suppose your bank account will be worth $4,200.00 in one year. The ...
- Finance - Suppose your bank account will be worth $4,200.00 in one year. The ...
- math - Suppose $500 is divided into two bank accounts. One account pays 15% ...
- Alg 2 - Suppose you deposit a principal amount of p dollars in a bank account ...
- Alg2 - Help....Help... Suppose you deposit a principal amount of p dollars in a ...
- pre algebra - At the beginning of the year 2000, Bob put $100 in a savings ...
- math - Rob has a balance of 1695$ in his bank account The account pays 2.9% ...
- math - Suppose $5000 is deposited in a bank account that compounds interest four...

More Related Questions