Use the compound interest formula, A (t) = P(1 + 77) nAfter a certain number of years, the value of an investment account is represented by theWhat is the value of the account?expression 10,250 (1+0.04)13212Round your answer to two decimal places.The value of the account is $ Number

The value of investment is : $ 15903.61Explanation:

Answered: Use the compound interest formula, A…

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter8: Polynomials

Section: Chapter Questions

Problem 9PT

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Use the compound interest formula, A (t) = P(1 + 77) n After a certain number of years, the value of an investment account is represented by the What is the value of the account? expression 10,250 (1+0.04) 132 12 Round your answer to two decimal places. The value of the account is $ Number