cindymeza1 cindymeza1
  • 08-11-2020
  • Mathematics
contestada

you deposit 10,000 in an account that pays 3% annual interest compounded monthly. How much will you have in 5 years?

Respuesta :

dr58425
dr58425 dr58425
  • 08-11-2020

Answer:

$2,833.59

Step-by-step explanation:

1 $10,000.00 $10,000.00 $511.64 $0.00 $10,511.62 $10,000.00

2 $10,000.00 $10,511.62 $537.79 $0.00 $11,049.41 $10,000.00

3 $10,000.00 $11,049.41 $565.30 $0.00 $11,614.72 $10,000.00

4 $10,000.00 $11,614.72 $594.23 $0.00 $12,208.95 $10,000.00

5 $10,000.00 $12,208.95 $624.63 $0.00 $12,833.59 $10,000.00

Answer Link
TomoyosCamera
TomoyosCamera TomoyosCamera
  • 08-11-2020

Answer:

How do i take questions down like this one?

Step-by-step explanation:

Answer Link

Otras preguntas

pls help me with this its very important
Molly has 1 1/2 cups of sugar. She used 3/4 cup of sugar. She wants to model a subtraction problem on a number line to find how much sugar she has left. Molly’s
Calculate the t-value given the following: hypothesis test on population mean; x= 33; μ = 35; s = 5; n = 25.
I NEED HELP PLEASEEEEEEEEEEEEEEEEE
Please help. I’ll give brainliest
Amenia is a medical condition in which the affected person lacks enough red blood cells. What two effects will such a condition have on the patient
Consider the equation 3p-7+p=13
How many x-intercepts appear on the graph of this polynomial function? f(x)=x4-5x² O 1 x-intercept O2 x-intercepts O 3 x-intercepts O4 x-intercepts
Kelly is having a party. She wants to make punch. The recipe for punch uses 3 pints of pineapple juice, 5 cups of orange juice, 3 4 gallon of lemonade, and 1 qu
Quiero saber la respuesta