Homework Help: math

Posted by Quita on Monday, August 20, 2012 at 8:21pm.

a person deposited $500 in a savings account that pays 5% annual interest that is compounded yearly. at the end of 10 years, how much money will be in the savings account? write it in a sequence

math - drwls, Tuesday, August 21, 2012 at 8:08am
It is easier to write it as
500*(1.05)^10

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