Janelle puts $1,000.00 into an account to use for school expenses. the account earns 14% interest, compounded annually. how much will be in the account after 10 years?

$2,400

Step-by-step explanation:

Initial money saved by Jane = $1,000

If 14% interest is generated annually, the annual Interest amount to 14% of $1,000 = $140

After 10years, the accrued interest will be $140 × 10 which is $1,400

The total amount that will be in the account after 10years will be initial deposit + accrued interest

= $1,000 + $1,400

=$2,400

step-by-step explanation:

if x = 2 you have to find x to finish the problem

the terms of a geometric sequence can be found by beginning with the first term and multiplying by the common ratio repeatedly. a recursive formula for a geometric sequence with common ratio r is given by an=ran−1 a n = r a n − 1 for n≥2 n ≥ 2 .

step-by-step explanation: