9000 dollars is placed in an account with an annual interest rate of 8%. How much will be in the account after 17 years, to the

Question

Stella [2.4K]

3 years ago

14

9000 dollars is placed in an account with an annual interest rate of 8%. How much will be in the account after 17 years, to the

nearest cent?

Mathematics

1 answer:

marysya [2.9K] · Answer 1 · 2022-09-20T20:14:15+03:00

marysya [2.9K]3 years ago

3 0

Answer:

$21,240

Step-by-step explanation:

8% of 9000 dollars is $720, meaning that in 17 years, there will be 9000 + 720 x 17 in the account. 720 x 17 = 12240, meaning that in 17 years, there will be $21240 in the account