Donna Purchased fabric to make a purse . She used 3/4 yard of fabric which was 2/3 of the total fabric she bought . The equation
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Answer: You will have $24,551.84 when you turn 18.
Step-by-step explanation:
Formula for accumulated amount earned in t years:
, where P = principal value, r = rate of interest
Given: P= $10000, r = 5% t = 18 years.
Substitute all values in formula, we get
Hence, you will have $24,551.84 when you turn 18.