pineapple8u
pineapple8u pineapple8u
  • 19-04-2016
  • Mathematics
contestada

How much would you have in the bank if you invested in this annual rate of compound interest? £900 at 3% for 4 years

Respuesta :

Аноним Аноним
  • 19-04-2016
you can use the formula A=P(1+r/n)^nt
A=the future value of the starting amount
P=the starting amount
r= the interest rate number of times the interest is compounded per year
t=the number of years the amount is loaned for
A=900(1+0.03/1)^1x4
A=1012.95
I hope this helps.  Also if I am wrong our did not fallow the question completely please let me know in the comments so that I can try to fix it .
Answer Link

Otras preguntas

A request for a medication that's to be administered to a patient in a hospital is called a(n) A. medication order. B. pharmaceutical receipt. C
What is a book cafe? Describe what kind of place it is and what people do there. Thanks in Advance! :)
-3(2r+7)=3 solve for r
algebratic simplify exponential expression 2x-5
n 1833, Oberlin College became the first US college to
Explain why domestication of plants and animals was likely one of the first areas of biology
if four times a number plus 3 is 11, what is the number
10. Which of these scenarios would be considered illegal in light of the provisions of the Fourteenth Amendment?
Which property of equality would be used to isolate the variable x in this equation? x – 8 = 14
What is 9.765 rounded to the nearest tenth