ys5ac4amanasgilarks ys5ac4amanasgilarks
  • 24-04-2017
  • Mathematics
contestada

An investor puts ​$900 in an account that pays 3% interest compounded annually. find the account balance after 5 years.

Respuesta :

wolf1728
wolf1728 wolf1728
  • 26-04-2017
Total = Principal × ( 1 + Rate )^years
Total = 900 * (1.03)^5
Total = 900 * 1.1592740743
Total = 1,043.35

Answer Link

Otras preguntas

How many zeros in this measurement 0.050 060 are significant?
What's Is Responsible For Conducting Photosynthesis
How do you find the zeros of the function f(x)=x2−2x−4?
130% of 20 find each number.round to the nearest tenth if necessary. in decimals.
What type of organism moves using cilia
name collection boxes
Write the sentence as an equation 206 is the same as the quotient of d and 38
1. Write a paragraph proof for the following conjecture. Given: bisects . . Prove: is a right triangle. Answer: Angle PQR equals 90 degrees Given:
types of solar applications
Which of the following government services doesn't encourage community safety? Car seat installations Recycling Fire prevention programs Cultural festiv