lilyanatorres lilyanatorres
  • 02-09-2020
  • Mathematics
contestada

you deposit $3000 into an account that pays 8% compounded quarterly. how much will you have in 10 years?

Respuesta :

leamsizerreitug
leamsizerreitug leamsizerreitug
  • 02-09-2020

Answer:

$5400 USD

Step-by-step explanation:

Investment=3,000

Interest=8% = .08

Time=10 years

([3000 x .08 x 10] + 3,000

[240 x 10] + 3,000

2,400 + 3,000= 5,400

Answer Link

Otras preguntas

Can someone please answer with steps I did 7x=x+20 and then I subtracted x from 7x
El publico ___ mucho. (Aplaudir)
How many solutions does -5x+10x+3=5x+6
Do, -1/2 of x is (4,0) (2,0) (-2,0)
Which is the characteristic that impressed Ana's friend the most about the new girl in school?
Has anyone watched “remember the titans?” If so can you help me?
Please help me with geometry.
If a population of 1,000 individuals has 160 rr genotypes, assuming simple dominance by the A allele, what is the frequency of the dominant allele (R) in this p
Very short-term bursts of stress can have a beneficial effect on many biological systems, including the _____ system, which is your body's frontline defense aga
The more power applied to an object, the faster work is done to it. True False