rubendeanda02p1y63u rubendeanda02p1y63u

02-09-2019
Mathematics

contestada

If you deposit $1,000 ir an account that pays 6% annual interest compounded continuously, what will the balance be after five years?

Respuesta :

magicalduck23 magicalduck23

02-09-2019

Answer:

If you know 6% of 1000 is 60 so each year 60 will add so 60x5 is 300 so you will earn 300 in 5 years.

Step-by-step explanation:

Answer Link

Otras preguntas

Which of the following are exterior angles? Check all that apply. 6 5/4 1 2

Which set of ordered pairs represents a function

The image below depicts which event during WWII?

Which point is on the circle centered at the origin with a radius of 5 units? Distance formula: StartRoot (x 2 minus x 1) squared + (y 2 minus y 1) squared EndR

l;;;hjjjjjjjjjjjjjjjjjjjjjjjj

Identify the zeros given the quadratic equation y= -16(x+7)(x-5)

With reference to the diagrams below, describe how fishes and bottom dwelling polychaete worms cope with the fluctuating salinity within estuaries over the tida

The Lusitania, the Zimmerman Telegram, and making the world “safe for democracy” are all associated with:

Statistics Assume there are 20 advanced English level students, 8 intermediate English level students and 15 beginner English level students at statistics clas

A bakery sold a total of 300 cupcakes in a day, and 57 of them were mocha flavored. What percentage of cupcakes sold that day were mocha flavored?