vamplife9441 vamplife9441
  • 04-05-2022
  • Mathematics
contestada

Tiana deposited $60 in an account earning 10% interest compounded annually. To the nearest cent, how much will she have in 3 years?

Respuesta :

lolboburnham lolboburnham
  • 16-05-2022

Answer:Go look Under.... You think u smart.....

Step-by-step explanation:

Write the rate as a decimal.

10%=0.10

Calculate the balance.

B= p(1+r)^t

= $60(1+0.10)^3

= $60(1.10)^3

= $60(1.331)^3

= $79.86

The balance will be $79.86

Answer Link

Otras preguntas

What percent of 350 is 252
4.5ft is what circumference of a circle
What is the value of the expression |x| + |y + z| when x = –6, y = –3, and z = –5?
How does the cell theory describe the levels of organization of living organisms ??? Help plezz and I will be thank to u so much
Hi,Can some one tell me how to solve this problem √-27 (step by step please)
What is the value of the expression |x| + |y + z| when x = –6, y = –3, and z = –5?
how many carbons in amino acids?
What is the name of the period that has the digits 913,256.
A chef cooked seven kilograms of mashed potatoes for a dinner party. If the guests only ate three-quarters of the amount he cooked, how much did they eat?......
OF what kind of organic compound are oils, waxes, and fats an example?