Puts $700.00 into an account to use for school expenses. The account earns 4% interest,
2 answers:
Answer:
Step-by-step explanation:
<u>Use formula:</u>
<u>Given</u>
- P = $700
- r = 4% = 0.04
- t = 7 years
<u>Find the amount:</u>
- A = 700*e^(0.04*7) = 926.19
Answer:
$926.19 is the answer.
Step-by-step explanation:
good luck
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