jayy4074 jayy4074
  • 16-09-2022
  • Mathematics
contestada

Using the formula for compound interest; A = P(1+)nt, what is the balance of a $5,000
savings account deposit at 10% annual interest compounded quarterly for 5 years?

Respuesta :

30moralesj
30moralesj 30moralesj
  • 16-09-2022

Answer:

250000

Step-by-step explanation:

5,000*10*5=250000 savings account deposit at 10% annual interest compounded quarterly for 5.

Answer Link

Otras preguntas

what is a well balanced meal to serve a school age child?
what percent of 128 is 96
Which of the following is the correct sl unit to use in measuring amount of material contained in a solid sphere
At the end of World War II, which of the Allied nations captured the German capital city of Berlin?
What is the message of “Your Laughter”? Crying helps get the hurt out. Laughing is good, but it is not a substitute for good health. Laughter is the very best
I got the first part of this right but I can’t seem to figure this part out.
I need all of these awnser a please !
how many twelfths equal 1/3
Eva is a quiet girl, but she is really a very funny person. a) fragment b) run-on c) comma splice d) correct sentence < this is the answer,right?
In a restaurant, a study found that 42% of patrons smoked. if the seating capacity is 60 people, about how many people smoke