unit 4-question 2

Related to Checkpoint 5.2) (Future value) Leste Mosalam, who recently sold her Porsche, placed $0,200 in a sovings account payng ashual compound intorest ot 6 percent . Calculase the amoumt of money that will accumulato if Leslie leaves the money in the bank for 3.7 and 17 yearis) 3. Suppose tesio moves her money ime an account that pays B percent or one hat pays 10 porcent. Reaork part (a) using 8 percent and 10 percent 2. What conclusions can you draw abou the resationship betaeen interest rales, teme, and luture sums borm the calculations you just ded? chourg 15 the