Mathematics, 10.11.2020 17:40 Enewton4454
A man invests an amount, A, into a bank
account. After 15 years (in the 16th year) he deposits another $10 000.
After 50 years he has (in the 51st year) $251 894.21 in the account. If the amount of money in the account doubles
every 15 years, how much was his initial deposit A? [4]
Answers: 1
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Frank owns a $141,000 home, for which he has a 30-year mortgage in the amount of $700 a month. once he has paid off mortgage, how much will he have paid in investment? a. $111,000 b. $109,000 c. $120,000 d. $141,000
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A man invests an amount, A, into a bank
account. After 15 years (in the 16th year) he deposits anot...
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