Bank deposit interest

Entrepreneur Zahourek deposited 450,000 into the bank's account with 4.5% annual interest. Calculate the amount on the deposit account after three years.

Final Answer:

x =  513524.76

Step-by-step explanation:

q=100%+4.5%=1+1004.5=1.045 t=3 a=450000  x=a qt=450000 1.0453=513524.765.1105



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algebraarithmeticbasic operations and conceptsUnits of physical quantitiesGrade of the word problem

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