Plz help I don't understand this
2 answers:
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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>