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gayaneshka [121]
3 years ago
11

Hei has $1,400 in a retirement account earning 4% interest compounded annually. Each year after the first, she makes additional

deposits of $1,400. After 5 years, what was her account balance if she did not make any withdrawals? Round each year's interest to the nearest cent if necessary.
The account had a balance of $
after 5 years.
PLEASE HELP ASAP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Mathematics
1 answer:
Digiron [165]3 years ago
3 0
The answer would be 1,703.31 dollars after 5 years
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Answer:

Step-by-step explanation:

To solve these equations involving variables and exponents we need to follow these steps.

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1) 8+6x^4

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3 0
3 years ago
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kifflom [539]

Answer:

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7 0
3 years ago
Read 2 more answers
Arithmetic and Geometric Sequences (Context)
V125BC [204]

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A = P( 1 + r/n) ^ (nt)

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P is the principal balance or the amount initially invested

r is the annual interest rate in decimal form

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t is the number of years

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A = 1800 ( 1.0375)^6

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Rounding to the nearest cent

A = 2244.92

7 0
1 year ago
PLS HELP <br> Which function has a greater unit rate?
Ira Lisetskai [31]
The Table is the greater unit rate!
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