12.) Kevin deposited 64,000 into a savings account that compounds annually at

Sainterest rate of 38%. If he makes additional deposits each year of $4,000

into the account, what will his account balance be after 4.5 years?

Question

Titus Meyer

22 December, 05:20

+4

Answers (1)

Know the Answer?

Lindsay Downs · Answer 1

That answer would be $415,440 after 4.5 years.

12.) Kevin deposited 64,000 into a savings account that compounds annually atSainterest rate of 38%. If he makes additional deposits each year of $4,000into the account, what will his account balance be after 4.5 years?