Answer:
14x=70
Step-by-step explanation:
g
j
P = 3,000
r = 5% = 0.05
t = 9 years
Amount after 9 years is
A = P (1+ r)^t
A = 3,000(1+ 0.05)^9 = 3,000 * 1.05^9 = 4653.984648 ≈ $4,653.98
The balance after 9 years, rounded to the nearest cent is
$4,653 and 98 cents
