badp badp
  • 23-04-2020
  • Mathematics
contestada

find a bank account balance if the account starts with $100, has an annual rate of 4%, and the money left in the account for 12 years.

Respuesta :

andersonaldair10
andersonaldair10 andersonaldair10
  • 23-04-2020

Answer:

160.10

Step-by-step explanation:

y=a(1.growth factor)^x

y=100(1.04)^12

y=100(1.6010)

y=160.10

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