kennedysccpbr kennedysccpbr

19-07-2017
Business

contestada

How much money will you have if you started with $30 and put it in an account that earned 11% every year for 5 years?

Respuesta :

Shannonkathryn7 Shannonkathryn7

19-07-2017

A=P(1+r/n)^nt
P=Initial Amount
R=Interest rate (written as decimal)
N=Number of times interest is compounded per year
T=Number of years.

A=30(1+.11/1)^1*5
A=30(1.11)^5
A=30(1.69)
A=$50.55

Answer Link

Otras preguntas

Communism ended in Eastern Europe because ______ would no longer support it with military force.

0.81 repeating as a fraction

Plutonic and volcanic rocks are the two basic types of a. mafic rocks. b. igneous rocks. c. sedimentary rocks. d. metamorphic rocks.

an example of a renewable and inexhaustible resource that requires the construction of dams is ?

Within the cell, the cleanup crew is/are the

Cigarettes are the only tobacco products that have serious negative consequence user: which of the following substance found in tobacco smoke stimulate the bria

Identify the three main stages of translation

One of the byproducts of nuclear power generation is Uranium-233. Uranium is decaying at a constant 57% rate per day. If 3,820 pounds are produced from a power

What size rectangular floor can be completely covered by using only 3 x 3 ft tiles OR 5 x 5 ft tiles? Remember, you cant cut tiles or combine the two sizes.

Which of the values for x and y make the equation 3x + 4y + 6 = 26 true? x = 4, y = 2 x = 5, y = 6 x = 4, y = 3 x = 3, y = 5