danna112602 danna112602

06-11-2020
Mathematics

contestada

Can someone pls help me this is due in 4 mins

5000(1+r)
Find the amount of money in this account at the end of one year if the interest rate is 9%.

Respuesta :

sqdancefan sqdancefan

14-12-2020

9514 1404 393

Answer:

5450

Step-by-step explanation:

Put 9% where r is in your formula and evaluate it. Of course, you must use the decimal equivalent.

5000(1 +9%) = 5000(1.09) = 5450

The account will have 5450 in it at the end of the year.

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