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

Find the nth term of this number sequence 1, 7, 13, 19, ...
DOES THE THE NUMBER LINE GOES ON FORVEVER
How many people world-wide generally die during the flu season? 10 Million 20 Million 30 Million 40 Million
Understand equivalent ratios in the real world Ani thinks the perfect milkshake has 5 scoops of ice cream for every 3 spoonfuls of caramel. Freeze Zone makes "b
PLEASE HELP FAST! When 23.3 g of O2 reacts with 18.3 g C10H8, what is the limiting reactant. The equation is C10H8 + 12O2 --> 10CO2 + 4H2O?Choices:A. C10H8B.
The graph below represents which system of inequalities Y≤-2×+3 Y≤x+3 y≥-2x+3 2 ≥x+3 Y ≤3x+2 Y ≤-x+2 Y >2x+3 Y >x+3
The figure below shows a large rectangle with a small rectangle cut out of it.What is the area?
Needa line segment has endpoints P(-8,7) and Q(6,-3). What is the midpoint of the segment?
Rohit is taking a tuition class(passive voice)​
PLEASE HELP!! I will give you BRAINIEST "over the cobbles he clattered and clashed"This is an example ofa. metaphorb.simile c.personification d.alliterationPlea