6700 dollars is placed in an account with an annual interest rate of 8%. How much will be in the account after 24 years, to the

Question

3 years ago

13

nearest cent

2 answers:

Arturiano [62] · Answer 1 · 2022-04-10T04:16:42+03:00

8 0

Answer:

???????

Step-by-step explanation:

goldenfox [79] · Answer 2 · 2022-04-10T03:07:49+03:00

goldenfox [79]3 years ago

5 0

Answer:

Step-by-step explanation:

The answer depends on whether the interest is simple or compound.

For simple interest:

A = 670(1 + 0.08)(24)

For compound interest

A = 670(1 + 0.08)24