nbrittsan3 nbrittsan3

19-11-2020
Mathematics

contestada

Find the amount of money in an account after 9 years if $2300 is deposited at 8% annual interest compounded quarterly

Respuesta :

netizenwebb netizenwebb

19-11-2020

Answer:

4691.74

Step-by-step explanation:

A = P(1 + r/n)^nt

= 2300(1 + .08/4)^(4 * 9)

= 2300(1.02)³⁶

= 2300 * 2.039887

= 4691.74

Answer Link

Otras preguntas

Which two classes of drugs are no longer able to be used in food-producing animals?

Which of the following elements is common to both Apple Macintosh and the PC? A. Variety of built - in screen fonts B. Windows software C. DOS operating syste

Movement of a molecule against a concentration gradient with the use of energy is defined as

Covalent bonds result from the complete transfer of an electron from one atom to another. True or false

A beaker contains a mixture of sand and small pebbles. what kind of mixture is this?

The temperature fell from 0 degrees to 33/5 degrees below 0 in 11/5 hours. What is the temperature change per hour

The ________ system circulates blood to the lungs and the rest of the body and consists of arteries, veins, and capillaries.muscularskeletalrespiratoryvascular'

On a spinner: P(3) = ½ and the p(4) = ⅙ What is the probability of getting 3 or 4?

Which ordered pair makes both inequalities true? y > –2x + 3 y < x – 2 (0,0) (0,–1) (1,1) (3,0)

five question based on each identity give in chapter polynomial