cooperhejl cooperhejl

21-03-2018
Mathematics

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The Norris Family invest $6000 into an account that earns 3.25% annual interest. They deposit an additional $140 each month. At the end of six years, will the value in the account be enough to pay for at least the first year college?

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puddles4568p4dbcx puddles4568p4dbcx

21-03-2018

$6000x3.25%=195(year)

140x12=1680 (year)

1680+195=1875(year)

1875x6=11250

At the end of 6 years they will have 11,250 in the bank

(You didn't include the 'price' of college.)

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fwellav fwellav

18-05-2021

Answer:

No

Step-by-step explanation:

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