I need help on my math!!!!!!!
1 answer:
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The final amount in the account after 25 years is $24670.42.
<h3>How do you calculate the final Amount after 25 Years?</h3>Given that 3400 dollars are placed in an account with an annual interest rate of 8.25% for 25 years.
The final amount in the account is calculated by the formula given below.
Where A is the final amount, P is the initial principal balance, R is the interest rate, T is the time period.
The final amount is given below.
Hence we can conclude that the final amount in the account after 25 years is $24670.42.
To know more about the compound interest, follow the link given below.
brainly.com/question/25857212.
The first step to solve this problem is to convert the first mixed number to an improper fraction.
÷ 3 + 
Dividing is equivalent to multiplying with the reciprocal value,, so next you will need to change the signs.
x +
Multiply the fractions
+
Finally,, add the two fractions together to get your final answer
This means that the correct answer to your question is .
Let me know if you have any further questions
:)
Dividing is equivalent to multiplying with the reciprocal value,, so next you will need to change the signs.
Multiply the fractions
Finally,, add the two fractions together to get your final answer
This means that the correct answer to your question is
Let me know if you have any further questions
:)