brmelanie06 brmelanie06

03-04-2020
Mathematics

contestada

You deposit $3,500 into an account which yields 4% interest. If the account is compounded monthly, how much would you have in 6 years?

Respuesta :

justneedanswers17 justneedanswers17

03-04-2020

Answer: $4,447.49

Step-by-step explanation:

(1) 3500 (1 + 0.04 / 12) ^ 12 x 6

(2) A = 3500 x 1.003333^72

(3) A = 3500 x 1.270711

(4) A = 4,447.49

Answer Link

Otras preguntas

sound travels through a

find the value of x a) 5 b) 35 c) 3 d) 7

which function has a domain

IN THE GIVEN FIG, FIND THE VALUE OF x.

Bob wants to give Alice a necklace of n beads he originally has a long chain with caring beauty. Of each bead

Which of these best describes a hormone? A. A chain of amino acids secreted by a gland B. A neurotransmitter with a specific target C. A neurotransmitter carrie

Here is an equation: 5x - 2y = 10 Create 3 equations that result in… 1. 1 solution 2. No Solutions 3. Infinitely many solutions You should provide three differe

pls someone answer Using Central Park in New York City as a model write, a letter to your local mayor stating why you believe the undeveloped city block in the

1.Name the tissue responsible for;a) Binding other tissues and organs

houses are twice as expensive _____ they were two years ago.