charityb54321 charityb54321

10-02-2021
Mathematics

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can someone please help me

can someone please help me class=

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sqdancefan sqdancefan

10-02-2021

9514 1404 393

Answer:

$24,670.42

Step-by-step explanation:

Assuming interest is compounded, the account value is multiplied each year by (1 + 8.25%) = 1.0825. After 25 years, the account value is ...

$3400·1.0825^25 = $24,670.42

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