Note: Enter your answer and show all the steps that you use to solve this problem in the space provided An investment account earns 4% per year compounded annually. If the initial investment was $4,000.00,
how much is in the account after 3 years? Round your answer to the nearest dollar.

So if 4% was put into the account every year, then you would have to find 4% of 4,000, which is 160. So 160*3=480. 4,000+480= 4,480 dollars. That is how much would be in the account.

Step-by-step explanation:

Hope that helps

y=mx+b

step-by-step explanation:

m slope

b y-intercept

answer:

payment just for service  

→

$

87.12

payment for service including tax

→

$

94.09

explanation:

service only with 20% tip  

→

$

72.6

(

1

+

20

100

)

=

$

87.12

in the opening of the question the word 'service' is associated only with the pretax value.

the closing part of the question asks: how much did she pay for the  

service

−−−−−−  

so technically the answer is  

→

$

72.6

(

1

+

20

100

)

=

$

87.12

however, the intention of the question provider may have been that your answer is to be  

$

87.12

(

1

+

8

100

)

=

$

94.09

to 2 decimal places.

'

payment just for service  

→

$

87.12

payment for service including tax

→

$

94.09

tony b

mar 21, 2017

answer:

trying to explain it another way

explanation:

service charge  

.

→

$

72.60

20% tip  

20

100

×

$

72.60

=

$

14.52

−−−−−−  

←

add

$

87.12

tax  

8

100

×

$

87.12

=

$

6.97

−−−−−  

←

add

$

94.09

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