Homework Help: MATH

Posted by ANGEL on Sunday, April 29, 2012 at 1:07am.

If C dollars are deposited in an account paying r percent annual interest, the amount after x years is A+C(1+r)*. Approximate the amount in the account after x years, when C=$100.00, r=19%, and x-15 years.

MATH - Henry, Tuesday, May 1, 2012 at 7:36pm
A = C + Crt
A = 100 + 100*0.19*15= $385.

Answer this Question

Related Questions

math - If C dollars are deposited in an account paying r percent annual interest...
Math 209 - If C dollars are deposited in an account paying r percent annual ...
math - We deposited 7,500 dollars into a savings account which pays 3.6 percent ...
math - Find the amount of money in an account after 12 years if $1000 is ...
algebra 2 - If a sum of money is deposited in a savings account that is paying x...
algebra HELP ASAP - If $13,000 is deposited in a bank account paying 6% ...
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 ...
Math - Please check my work, thank you If $7,800 is deposited into an account ...
Algebra HELP! - If a sum of money is deposited in a savings account that is ...

For Further Reading

First Name:
School Subject:
Answer: