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Hugo puts $200.00 into an account to use for school expenses. The account earns 13% interest, compounded annually. How much will be in the account after 6 years?

Hugo puts $200.00 into an account to use for school expenses. The account earns 13% interest, compounded annually. How much will be in the account after 6 years?
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Hugo puts $200.00 into an account to use for school expenses. The account earns 13% interest, compounded annually. How much will be in the account after 6 years?

asked
User Vladyslav Babenko
by
7.6k points

1 Answer

4 votes

Answer:

y=200(1.13)^6= 416.39

Explanation:

answered
User Daniel Dahms
by
7.7k points
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