You will deposit $1,675 into an account that earns 2.35 percent interest in two years. If you deposit an additional $1,950 in the same account 2 years later, how much would be in the account six years from now? MUST SHOW FULL WORK (NO EXCELL) a. $3,894.51 b. $3,797.38 c. $3,880.81 d. $1,838.09 e. $3,786.06

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.53TI: Eduardo noticed that his new car loan papers stated that with a 7.5% simple interest rate, he would...
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You will deposit $1,675 into an account that earns 2.35 percent interest in two years. If you deposit an additional $1,950 in the same account 2 years later, how much would be in the account six years from now? MUST SHOW FULL WORK (NO EXCELL)
a.
$3,894.51
b.
$3,797.38
c.
$3,880.81
d.
$1,838.09
e.
$3,786.06
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