xhmu63eyz5 xhmu63eyz5
  • 04-02-2021
  • Mathematics
contestada

you deposit 3,800 in an account with an annual interest of 5.2% for 20 years

Respuesta :

x111flowers
x111flowers x111flowers
  • 04-02-2021

First, convert R percent to r a decimal
r = R/100
r = 5.2%/100
r = 0.052 per year,

Then, solve our equation for A
A = P(1 + r/n)nt
A = 3,800.00(1 + 0.004333333/12)(12)(20)
A = $ 10,726.90
Answer Link

Otras preguntas

Phoebe's insulated foam cup is filled with 149.0 g of coffee (mostly water - c = 4.2 J/g·°C) that is too hot to drink, so she adds 11.0 g of milk at 9.0 °C. If
Macbeth:What Act and Scene is this quote from?'What's he / That was not born of woman? Such a one / Am I to fear or none.'​
Help solving this math question
I’m so confused please help and quick thanks .
Miss penny inherits £1200. The ratio of savings to spending is 7:8 how much does she save and spend
Evaporated milk formula makes the most work for the infants.
0.9+{[3.25−(6 9/16 −0.025y)·0.6]÷0.75}÷6 2/3 =1.2 solve for y PLZ SOLVE DO NOT PUT INCORRECT ANSWERS I BEG PLEAS AND THANK YOU
All persons born or naturalized in the United States, and subject to the jurisdiction thereof, are citizens of the United States and of the State wherein they r
what are reasons you support lovelypeaches
35 solve the following syste wing system of inequalities graphically on the grid below and label the solution S. 3x + 4y > 20 x < 3y - 18 Is the point (3,