Account A; the balance after 11 years is $17,779.17 Account A; the balance after 11 years is $15,477.10 O Account B; the balance after 11 years is $17,779.17 Account B; the balance after 11 years is $15,477.10

Q: Joanna deposited $ 3500.00 in an account that pays 4% annual interest, how long does it take to…

A: Use the formula as A=P1+r100t where, A=AmountP=Principalr=ratet=time

Q: The Fogler family deposits $8,500 into a savings account that yields 6.75% interest compounded…

A: The explanation of answer as follows :-

Q: An account now contains $3,670 and has been accumulating interest at 5% annual interest, compounded…

A: We have to find the amount in the account 5 years ago.

Q: Jason has $100,000 to invest in a savings account. He has two options: Option A earns 4% interest…

A: In the question it is asked to calculate the amount of money from the more valuable account in 10…

Q: If Hannah places $ 4500 into an account earning 4.5% interest compounded continuously, how much will…

A:

Q: James invested $10,000 at Rocket Financial in Houston before moving to New York. Rocket Financial…

A: Given, P = $10,000 r = 2% componded continuously = 0.02

Q: You deposit $2000 in an account earning 7% interest compounded continuously. How much will you have…

A:

Q: An amount of $2200 is invested at a 6.6% annual interest rate, compounded monthly. How many months…

A: Given amount is $2200 is invested at a 6.6% annual interest rate, compounded monthly. Let, after t…

Q: At age 20, Mike inherited $100,000 from his grand parents.  Then he invested the money in a bank…

A: We will find the account balance

Q: When you were born, your parents wanted to deposit money into an account to help with college…

A: Let the principal amount= P Final amount= A= 50000 Time= t= 18 years Interest= r= 3.25%=0.0325