calebpotucek calebpotucek
  • 02-04-2020
  • Mathematics
contestada

You deposit $2,200 in a bank account. Find the balance after 4 years if the account
pays 2.25% annual interest compounded monthly.

Respuesta :

Slasherxxx
Slasherxxx Slasherxxx
  • 02-04-2020

Answer:

Step-by-step explanation:

2200(1+0.0225/12) raised to the power of 12(4)

2200(1.001875) raised to the power of 12(4)

2204.125 raised to the power of 12(4)

2.98771099E160

or 2.98771099 multiplied by 10 to the 160th power

Answer Link

Otras preguntas

Ella has 0.5 lb of sugar. How much water should she add to make the following concentrations? Tell Ella how much syrup she will have in each case. 50% 5% 1.5%
suppose m is the midpoint if segmebt fg. determine the value of thr variable and the measure of each of sefmemt Mg= 15x-34, FM=5x-4,fg=
if the voltage of a circuit increases the temperature will_________
what is atychiphobia in 5 paragraphs
A pole is standing in a small lake. If one-fourth of the length of the pole is in the sand at the bottom of the lake, 120 ft. are in the water, and one-fourth o
the linear equation of the line in slope-intercept form
Find the surface area of the rectangular prism. 4 cm 8 cm 5 cm
4. Calcium oxide is used to make soil less acidic. What is its formula?
find the value of x that makes the statement true 3/7x 3-x 3=2
In an attempt to colonize the Southeastern interior ____________ built a series of forts.