Mathematics, 03.02.2020 20:01 AM28

You deposit $750 into a savings account that pays 8% interest compounded yearly. how much money is in the account after 7 years assuming no additional deposits or withdrawals were made

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When solving this problem: 3025/5.5 = a/90.75 you get 49912.5 which would be the length of one of the sides of a square when the area is only 90.75 inches. is that answer correct, why, and how is it possible?

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You deposit $750 into a savings account that pays 8% interest compounded yearly. how much money is i...

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