Friday

April 18, 2014

April 18, 2014

Posted by **DEE** on Saturday, February 25, 2012 at 5:38pm.

- MATH -
**DEE**, Saturday, February 25, 2012 at 5:44pmIf $605 is invested in an account that earns 20.25%, compounded annually, what will the account balance be after 25 years? (Round your answer to the nearest cent.)

- MATH -
**Damon**, Saturday, February 25, 2012 at 8:30pm1.04^20 = 2.19

2.19*285,000 = 624,470

- MATH -
**Damon**, Saturday, February 25, 2012 at 8:31pmNow do

1.2025^25 *605

= 60,797

**Related Questions**

math - The price of a home is $120,000. The bank requires a 10% down payment and...

MATH - Find the cost of a home in 20 years, assuming an annual inflation rate of...

algebra - Find the cost of a home in 20 years, assuming an annual inflation rate...

math - Shawn bought a home for $100,000. He put 20% down and obtained a mortgage...

marketing - QUESTION #1 cost analysis with graph office copier has an initial ...

math - The price of a home is $215,000. The Bank requires 20% down payment and ...

Finance - shawn bought a home for $100,000. he put 20% down and obtained a ...

finance - shawn bought a home for $100000.he put 20% down and obtained a ...

math - Amy bought some stationary from a bookstore. The total cost of 3 files A,...

Business math - Use the formula or a calculator application to find the monthly ...