amandarabjohn77 amandarabjohn77

22-06-2021
Mathematics

contestada

An account pays 6% compound interest. In year 1, the amount in the account is $70. How much is in the account in year 5?

Respuesta :

Bromine67 Bromine67

05-07-2021

Answer:

$91 is the answer.

Step-by-step explanation:

R = 6%

P = $70

T = 5 year

now

I = PTR/100

=(70×5×6)100

= 2100/100

= $21

So,

I = A-P

21 = A-70

21+70 = A

so, A = $91

Answer Link

Otras preguntas

Plz help Thank you very much!

A person sights a boat from 235 feet above sea-level as shown. If the angle of depression from the man to the boat is 21 , then determine the boat's distance t

FAST PLEASE HELP ASAP I NEED HELP WILL MARK BRAINLIEST *ANSWER FAST AND CORRECT PLEASEEEEEE *PLEASE* In addition to its volcanic landscape, Mars also has an ama

Sentence for idiom double yolk. PLZ ANSWER SOON

Suppose that in solving an equation over the interval [0 comma 360 degrees )[0,360°), you reach the step sine theta equals negative one halfsinθ=− 1 2. Why is

Can someone pls help me:(I have to put *à,en or dans*

The cruising speed of the bullet train will be at least 170 miles per hour. Use s to represent the train's cruising speed (in miles per hour). Write an inequali

Which process helps gas exchange to occur? a transfusion b condensation c evaporation d diffusion

Use the graph. a. Which plant was the tallest at the beginning? b. Which plant had the greatest rate of change over the 6 weeks? 1.) plant 3; plant 1 2.) plant

If the recent financial crisis raises awareness about the dangers of not saving, leading to an increase in overall savings rates across the country, the loanabl