sargsyan0607 sargsyan0607
  • 03-03-2021
  • Mathematics
contestada

How much money would be in an account after 20 years if you deposited $5000 in a mutual fund
which compounds interests 5% annually?

Respuesta :

s355841
s355841 s355841
  • 03-03-2021

Answer:

$5130.84  

Step-by-step explanation:

100 + 3 = 103%

103% = 1.013

$5000 x 1.013^2 = $5130.84

Hope this helps biiiieeee

Answer Link

Otras preguntas

Which field is not a subfield of human geography
Select the skill that matches the following definition.​ treating others the way you want to be treated regardless of ethnicity, religion, gender, or orientatio
The image above is an example of which characteristic of an organization?a. division of laborb. culturec. rules & regulationsd. reward & consequences
To what extent have social movements had an impact on policy making of the government?
marry has to carry 323 apples from a farm to the market. how many baskets will she need, given that each basket can hold 48 apples?
list three factors that influence weathering,​
If f(x) and f¹(x) are inverse functions of each other and f(x) = 2x+ 5, what is ƒ˜¹ (8) ?
how has romeo and juliet evolved over time
If the printed program at a concert indicated that the first movement of a symphony was titled Allegro and the second Andante, you would expect:_____.a. The fir
A chart of accounts lists the accounts and balances at a specific time. True False