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Alice invests $8000 into an account that grows yearly. After 2 years, they have $10035.20. How much will they have after 7 years? Round your
Question
Alice invests $8000 into an account that grows yearly. After 2 years, they have $10035.20. How much will they have after 7 years? Round your answer to the nearest dollar.
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Mathematics
4 years
2021-08-09T06:51:12+00:00
2021-08-09T06:51:12+00:00 1 Answers
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My guess would be $15,123 (rounded). It made $2,035.20 in 2 years; that’s $1,017.60 per year. Multiply that by 7 (years) and you’ve got $15,123.20