asked 5.5k views
1 vote
PLEASE ANSWER QUICKLY

Gavin deposited $200 into his savings account that is compounded semi-annually at an interest rate of 9%. Gavin hoped he would have enough money in 8 years to buy a $400 gaming console for college. Is Gavin correct? Write and solve an equation, showing your work to justify your answer.
Answer:

asked
User Camccar
by
7.9k points

1 Answer

6 votes

ANSWERS AND STEPS???

answered
User Paul V
by
7.8k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.