algebra
posted by cc .
child is now 3 years old  dad opens account with $10,000 it earns 4.5% annual intrest.
a) construct formula (A(t)=Ao(a)^t)
b) how much money will be in account when he is 10 years old
c) if dad wants account to grow to 100,000 when he is 18 then what should original amount to be
Respond to this Question
Similar Questions

algebra
A dad is now three times as old as his son, but in eleven years the dad will be only two times as old as his son is then. How old will the dad be next year? 
finance
You deposit 172 dollars in an account every year for 9 years that earns 9 percent annual interest. How much money is in your account 9 years from now? 
math
a bank account earns 7% annual interest compounded continuously. you deposit $10,000 in the account, and withdraw money continuously from the account at a rate of $1000 per year. a. write the differential equation for the balance, … 
maths
How much would you need to deposit in an account now in order to have $20,000 in the account in 4 years? 
Math
Danny invested$5,000 into his savings account for college when he was 13 years old. If the account earns 2.5% interest every year, how much interest will danny have earned on his investment and how much money will danny have for college … 
math
if I deposited $100 in your savings account today, how much will you have 10 years from now if your account pays compound intrest once a year and the annual intrest rate is 4% 
math
An investor has 7000 to invest in two accounts. The first account earns 8% annual simple intrest, and the second account earns 13% annual simple intrest .How much money Should be invested in each account so that the simple intrest … 
Finance
Assume that you are 23 years old and that you place $3,000 yearend deposits each year into a stock index fund that earns an average of 9% per year for the next 17 years. 1. How much money will be in the account at the end of 17 years? 
Personal Finance
Assume that you are 23 years old and that you place $3,000 yearend deposits each year into a stock index fund that earns an average of 9.5% per year for the next 17 years. how much money will be in the account at the end of 17 years. 
math
10 years ago raj deposited $5000 into an investment account with intrest compound quarterly. for the first 5 years the intrest rate was 6% and for the next 5 years the interest rate changed to 4.5% how much money is in the account …