lianafinau13 lianafinau13
  • 20-05-2017
  • Mathematics
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If $55 is put in an account that gets 6% and I add $20 at the end of each year, how much will I have at the end of 10 years?

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Clover999
Clover999 Clover999
  • 20-05-2017
100+6=106% = 1.06
55x1.06^10= 98.50
98.50 + 20(10) = 258.50

$258.50
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