Jessie030201 Jessie030201

30-01-2021
Mathematics

contestada

Chad has $31,000 in a savings account. The interest rate is 13
% per year and is not compounded. How much will he have in 4
years?

Respuesta :

DontAllowMe70 DontAllowMe70

30-01-2021

Answer:

1 year interest: $31000 + $4030

2 year interest: $35030 + $4553.9

3 year interest: $39583.9 + $5145.4

4 year interest: $44729.3

Final Interest: $47120

Step-by-step explanation:

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