You deposit $1000 in an account with 5% annual compound interest. Complete the following, assuming you make no additional deposits or withdrawals. How fast will the account be growing (in dollars per year) 10 years from now? A It will be growing by $ per year. (Round to nearest tenth.)
You deposit $1000 in an account with 5% annual compound interest. Complete the following, assuming you make no additional deposits or withdrawals. How fast will the account be growing (in dollars per year) 10 years from now? A It will be growing by $ per year. (Round to nearest tenth.)
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.7: Simple And Compound Interest
Problem 16E
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