chenique95 chenique95
  • 25-03-2022
  • Mathematics
contestada

Anthony deposits $800 into a savings account that carns 3.5% interest annually.

Respuesta :

isalep93 isalep93
  • 25-03-2022

after 1 year he will get : 800 + 800 x 3,5% = 800 x 1,035 = $828

after 2 years he will get : 828 x 1,035 = 800 x 1,035 x 1,035 = 800 x 1,035²

so

after n years he will get : 800 x 1,035ⁿ

Answer Link
skyedavise1
skyedavise1 skyedavise1
  • 25-03-2022

Answer:

Step-by-step explanation:

800 x 1,035ⁿ

Answer Link

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