Mathematics, 12.09.2019 18:10 alexmiranda00

Sten invests $3200 in an account earning 2% interest, compounded annually.
the equation that represents this scenario is:
a(n) = 3200(1 + 0.02)n-1
how much will he have in the account in year 5? round your answer to the
nearest dollar.

Answers: 1

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the equation that r...

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Sten invests $3200 in an account earning 2% interest, compounded annually. the equation that represents this scenario is: a(n) = 3200(1 + 0.02)n-1 how much will he have in the account in year 5? round your answer to the nearest dollar.

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Another question on Mathematics

Sten invests $3200 in an account earning 2% interest, compounded annually.
the equation that represents this scenario is:
a(n) = 3200(1 + 0.02)n-1
how much will he have in the account in year 5? round your answer to the
nearest dollar.