ys5ac4amanasgilarks ys5ac4amanasgilarks
  • 24-04-2017
  • Mathematics
contestada

An investor puts ​$900 in an account that pays 3% interest compounded annually. find the account balance after 5 years.

Respuesta :

wolf1728
wolf1728 wolf1728
  • 26-04-2017
Total = Principal × ( 1 + Rate )^years
Total = 900 * (1.03)^5
Total = 900 * 1.1592740743
Total = 1,043.35
Answer Link

Otras preguntas

the city park shown at the right has an area of 6889 square meters. the parks length along front street is 83 meters. find the length of the park along second a
What are Africa's 4 vegetation zones
What does additive inverse mean
Solve by substitution?y=4x-9y=x-3
Which will gain more electrons silicon or bromine?
Many African societies were matrilineal, meaning
what did the continental army lack during the revolutionary war
Are rodent red blood cells prokaryotic or eukaryotic?
When a number is decreased by 10% of itself, the result is 144.What is the number?
When an atom becomes an ion does its mass number change?