gfalconio
gfalconio gfalconio
  • 24-02-2016
  • Mathematics
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Emily deposits $14,500 each year into a retirement account with a 7% simple interest rate. If she deposits the same amount each year, how much money will she have at the end of her fourth year?

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Todd98
Todd98 Todd98
  • 24-02-2016
Hello! I believe she would have 58,000 at the end of her fourth year. Hope this helps. :)
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mario0 mario0
  • 24-02-2016
$1400 because its 14k so it stay the same
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