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rosijanka [135]
3 years ago
11

mrs. Hudson invested $700 into an account that draws 3% interest, compounded annually. what is the total value of the account af

ter 20 years?
Mathematics
1 answer:
nadezda [96]3 years ago
7 0
700 x .03 x 20 = 420
420 + 700
1120 is in the account after 20 years
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Answer:

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Step-by-step explanation:

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You seem to have ...

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<em>Additional comment</em>

I find it easy to remember the rules of exponents by remembering that <em>an exponent signifies repeated multiplication</em>. It tells you how many times the base is a factor in the product.

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Similarly, division cancels factors from numerator and denominator, so decreases the number of times the base is a factor.

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