At the time of her grandson's birth, a grandmother deposits $12,000.00 in an account that pays 2% compound monthly. What will be that value of the account at the child's twenty-first birthday, assuming that no other deposits or withdrawls are made during the period.
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A(t) = P(1+(r/n))^(nt)
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A(21) = 12000(1+(0.02/12))^(12*21)
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A(21) = 12000(1.5214)
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A(21) = #18,257.15
i need the ancwer options and the linea
Clod would get 11, because the number they both thought of was 63
Answer:
Step-by-step explanation:
hello :
100+(n-2)² = 149
100-100+(n-2)² = 149-100
(n-2)² = 49
(n-2)² - 49 =0 but 49=7²
(n-2)² - 7² =0 use identity : a²-b²=(a-b)(a+b)
(n-2-7)(n-2+7)=0
(n-9)(n+5)=0
n-9=0 or n+5=0
n=9 or n=-5