2900 dollars is placed in an account with an annual interest rate of 9%. How much will be in the account after 13 years, to the
nearest cent?
1 answer:
Answer:
$8,890.83
Step-by-step explanation:
To find the answer we have to use this equation:

A = The total amount
P = The initial amount
R = The interest rate
T = Time
Given in the question:
A = ?
P = 2,900
R = .09
T = 13
Plug it into the equation and solve:

Therefore, after 13 years there will be $8,890.83 in the account.
<em>I hope this helps!!</em>
<em>- Kay :)</em>
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48x0.2= $9.6
$48-9.6=$38.40 Her friend is incorrect.
40/48 =0.83 or about 83% So, in this case she only got 17% off. :)
<span>Hope I helped </span>
Normally I'd love to help, but put in a picture. I'm confused.
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