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

multiply the equation 5 (x^2 -1) (^ stands for power)

When making a prediction about reading, students should make a(an) _______ about what is likely to happen next.

A ship sails 250km due North qnd then 150km on a bearing of 075°.1)How far North is the ship now? 2)How far East is the ship now? 3)How far is the ship from its

Write a loop that reads positive integers from console input, printing out those values that are even, separating them with spaces, and that terminates when it

38. Beginning with Augustus, the emperors of the imperial period made full use of the sculpture's potential as a tool for communicating O the will of the gods O

a given definition assumed to be true theorem a logical argument showing that a theorem is true proof axiom a statement that requires proof

a. In the building there are 133 steps from the ground floor to the sixth floor. Each step is 16.2 cm tall. It takes 6 minutes and 16 seconds for a person with

number 3 pls and thank u

Which of the following best describes the graph below

How long does the faster runner have to wait at the finish line to see the slower runner cross?.