Posted by **frank ** on Monday, September 3, 2012 at 3:40am.

Suppose that $20000 is invested at 7% interest compounded annually. Find that amount of money in the account after 1 year?

need it broken down in algebra

## Answer this Question

## Related Questions

- Compound interest - Hello My teacher skipped over this and I have no clue how to...
- Math - If 3000 dollars is invested in a bank account at an interest rate of 6 ...
- Algebra - Show how you substitute the values into the formula, then use your ...
- Calculus Please help! - If 7000 dollars is invested in a bank account at an ...
- Algebra - Suppose that P dollars are invested in a savings account at interest ...
- Math - Please check my work, thank you If $7,800 is deposited into an account ...
- Calculus :) - If 8000 dollars is invested in a bank account at an interest rate ...
- algebra - suppose you invest a certain amount of money n an account that pays 11...
- Algebra - Suppose that P dollars is invested in a savings account at interest ...
- math - If 3000 dollars is invested in a bank account at an interest rate of 9 ...

More Related Questions