You deposited $5,000 four years ago into a bank account. Two years ago, you deposited an additional $4,000. Assume an annual interest rate of 6%. How much will be in the account in ten years from now? Use a $ symbol and a comma and zero decimal places. (i.e. $5,432) Question 21 (1 poiint) hulu
You deposited $5,000 four years ago into a bank account. Two years ago, you deposited an additional $4,000. Assume an annual interest rate of 6%. How much will be in the account in ten years from now? Use a $ symbol and a comma and zero decimal places. (i.e. $5,432) Question 21 (1 poiint) hulu
Chapter1: Making Economics Decisions
Section: Chapter Questions
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Transcribed Image Text:You deposited $5,000 four years ago into a bank account. Two years ago, you
deposited an additional $4,000. Assume an annual interest rate of 6%. How much
will be in the account in ten years from now? Use a $ symbol and a comma and zero
decimal places. (i.e. $5,432)
Question 21 (1 poiint)
hulu
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