chinekawilliams16 chinekawilliams16

18-05-2020
Mathematics

contestada

7800 dollars is placed in an account with an annual interest rate of 6.5%. How much will be in the account after 29 years, to the nearest cent?

Respuesta :

zrh2sfo zrh2sfo

18-05-2020

Answer:

Year 29 $2,956.63 Total Interest $40,643.25 Balance $48,443.25

Step-by-step explanation:

Base amount: $7,800.00

Interest Rate: 6.5% (yearly)

Effective Annual Rate: 6.5%

Calculation period: 29 years

Ver imagen zrh2sfo

Answer Link

Otras preguntas

0.25 + 1 + 4 + 16 + 64 Select the explicit formula for the sequence.

Which algebraic expression has like terms? 9 n cubed minus 2 n + 3 minus 4 n squared 7 n cubed + 3 n minus 3 minus 6 n squared 7 n cubed + 4 n minus 3 n cubed m

A human has 46 chromosomes in each body cell. How many chromosomes does each egg cell have?

Carrying capacity relates to a population of organisms in an ecosystem. What do you think the term carrying capacity means? What factors could influence it?

eirther manu or i ________ to go(has,have)choose the correct verb from the bracket

What is the area of this figure? Use 3.14 for pi.A) 6.28 ft^2B) 18.28 ft^2C) 22.28 ft^2D)28.56^2

Margot is from Ireland. She has livedin the United States legally for fiveyears, is 21 years of age, and hasnever been in trouble with the law.She passes the ci

Determine the relationship between neutron stars and black holes

How were the French and Dutch colonial projects different from the Spanish? (5 points) Because of Catholicism the Spanish did not allow slavery Relying less on

What is geometry please tell me ????