Home / Expert Answers / Prealgebra / andrei-deposits-25-400-into-a-pension-fund-that-invests-in-stocks-after-a-successful-year-of-inves-pa120

(Solved): Andrei deposits $25,400 into a pension fund that invests in stocks. After a successful year of inves ...



Andrei deposits $25,400 into a pension fund that invests in stocks. After a successful year of investing in the stock market, the fund agrees to pay a simple interest rate of 12%. What will the balance be after one year?
Round your answer to the nearest dollar.
Do NOT round until you have calculated your final answer.



We have an Answer from Expert

View Expert Answer

Expert Answer





We have an Answer from Expert

Buy This Answer $5

Place Order

We Provide Services Across The Globe