Share

## Mr. R had $120,000 in a retirement account. The account paid 4.25% interest rate. How much money was in the account at the end of 10 years?

Question

Mr. R had $120,000 in a retirement account. The account paid 4.25% interest rate. How much money was in the account at the end of 10 years?

in progress
0

Mathematics
3 years
2021-08-24T23:36:14+00:00
2021-08-24T23:36:14+00:00 1 Answers
14 views
0
## Answers ( )

Answer:R.s 51000

Step-by-step explanation:I= PTR/100

=120000×10×4.25/100

=51000

hence ,

interest rate is R.s 51000