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Bonnie is saving up money to buy a car. Bonnie puts 10,000.00 into an account which earns 9% interest, compounded annually. How much will she have in the account after 9 years?

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解答

Bonnieissavingupmoneytobuyacar.Bonnieputs10,000.00intoanaccountwhichearns9%interest,compoundedannually.Howmuchwillshehaveintheaccountafter9years?

解答

Amount:21718.93
求解步骤
Translate the problem into an equation:A=10000(1+10.09​)1⋅9
10000(1+10.09​)1⋅9=21718.93279…
Round to the nearest hundredth:21718.93
Amount:21718.93

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