galileagarcia138061 galileagarcia138061
  • 09-11-2021
  • Mathematics
contestada

Amy invests $10,000 in an account that pays 1% compound interest annually. She uses the expression P(1+r)t to find the total value of the account after t years.

What will be the total value of the account after 10 years?

Respuesta :

saheirgray
saheirgray saheirgray
  • 09-11-2021

Answer:10000(1+0.01)^10 = 11046.22

The value would be $11046.22

Step-by-step explanation:

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