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anonymous
 one year ago
you invest 4100 in an account that pays an interest rate of 7.25% calc the balance after eight years i got 43218.24 but i also have been gettin them all wrong please help me
anonymous
 one year ago
you invest 4100 in an account that pays an interest rate of 7.25% calc the balance after eight years i got 43218.24 but i also have been gettin them all wrong please help me

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calculusxy
 one year ago
Best ResponseYou've already chosen the best response.11. convert the percent of 7.25 to decimal (so you divide 7.25 by 100 = 0.0725) 2. now set up this equation T = total $ y = years \[\large $4100 + 0.0725y = T\]

calculusxy
 one year ago
Best ResponseYou've already chosen the best response.1do you understand how i got that equation?

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0yes I didn't divide the rate before thank you

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0what would my answer be cause I got a crazy number

calculusxy
 one year ago
Best ResponseYou've already chosen the best response.1\[$4100 + 0.0725(8) = T\]

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0I cant believe I made that mistake XD tank you I got 4100.58
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