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Tony invest 2000 at a 4.5 percent rate.​

Tony invest 2000 at a 4.5 percent rate.​
asked 128k views
17 votes
Tony invest 2000 at a 4.5 percent rate.​

Tony invest 2000 at a 4.5 percent rate.​-example-1
asked
User Arshpreet
by
9.0k points

1 Answer

9 votes

Answer:

$2,999

Explanation:

  1. A = P(1 + r) ^ t
  2. A = 2000(1 + .045) ^ 9
  3. A ≈ 2999
answered
User Datazang
by
8.6k points
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