, 21.06.2019morganpl415

# Eliza wants to make \$10,000 from her investments. she finds an investment account that earns 4.5% interest. she decides to deposit \$2,500 into an account. how much money will be in her account after 14 years?

Eliza will have in her \$4,075 account after 14 years.

Step-by-step explanation:

:)

She will have \$4,075 in her account after 14 years.

Step-by-step explanation:

This is a simple interest problem.

The simple interest formula is given by:

In which E are the earnings, P is the principal(the initial amount of money), I is the interest rate(yearly, as a decimal) and t is the time.

After t years, the total amount of money is:

.

In this problem:

So

Total

.

She will have \$4,075 in her account after 14 years.

Eliza will have in her \$4,075 account after 14 years.

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