Mathematics, 16.10.2020 20:01 smay7681
Kathy deposits $25 into an investment account with an
annual rate of 5%, compounded annually. The amount in
her account can be determined by the formula A = P(1 + R),
where P is the amount deposited, R is the annual interest
rate, and t is the number of years the money is invested. If
she makes no other deposits or withdrawals, how much
money will be in her account at the end of 15 years?
Answers: 3
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Kathy deposits $25 into an investment account with an
annual rate of 5%, compounded annually. The a...
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