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6700 dollars is placed in an account with an annual interest rate of 8.25%. How much will be in the account after 28 years, to the nearest cent?

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解答

6700dollarsisplacedinanaccountwithanannualinterestrateof8.25%.Howmuchwillbeintheaccountafter28years,tothenearestcent?

解答

Amount:22177
求解步骤
Translate the problem into an equation:A=6700(1+0.0825⋅28)
6700(1+0.0825⋅28)=22177
Amount:22177

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