Mathematics, 24.09.2019 03:30, ljcervantes6610

Torren deposits $4500 in an account earning 2% interest, compounded annually. the equation that represents this situation is
a(n)=4500(1+0.02)^n-1
how much will he have in the account at the beginning of year 7? round your answer to the nearest dollar.
a. $13,437
b. $27,540
c. $5,169
d. $5.068

Answers: 1

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Torren deposits $4500 in an account earning 2% interest, compounded annually. the equation that repr...