Ask Question
20 December, 02:22

Elenas ain't bought her a $150 savings bond when she was born. When Elena is 20 years old, the bond will have earned 105% in interest. How much will the bond be worth when Elena is 20 years old?

+1
Answers (1)
  1. 20 December, 03:05
    0
    Answer: $307.5

    Step-by-step explanation:

    Here, Elena's aunt bought her a $150 savings bond when she was born.

    That is, the initial amount = $150

    And, When Elena is 20 year old, the bond will have earned 105% in interest.

    Therefore, The bond be worth when Elena is 20 years old,

    ⇒A = $307.5

    Therefore, after 20 years the the bond worth $307.5.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Elenas ain't bought her a $150 savings bond when she was born. When Elena is 20 years old, the bond will have earned 105% in interest. How ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers