bahamondekrist bahamondekrist

21-07-2016
Mathematics

contestada

How much money will you have if you started with $ 50, and put it in an account that earned 9.7% every year for 15 years?

Respuesta :

Ckaranja Ckaranja

21-07-2016

Compound interest:
A=p(1+[tex] \frac{r}{100} [/tex][tex] )^{n} [/tex]
A=50(1+[tex] \frac{9.7}{100} [/tex][tex] )^{15} [/tex]
A=50(1.097[tex] )^{15} [/tex]
A=50*4.00958
A= $200.48

Answer Link

Otras preguntas

1.During which president's administration did the United States achieve the first budget surplus in 30 years? A. Bill Clinton B. Richard Nixon C. Gerald For

A change in a sequence of DNA bases in a bacterial cell has resulted in a mutation. This mutation has increased the ability of the bacteria to break down and di

Please help meeeeeee 1. Find the best answer to the question. Czar Ivan the Terrible, ____ for blood, instituted a reign of terror against the nobility of Mosc

how do you work out 9n-2=7n+50

Please help: How does Marc Antony's rhetoric, such as his repeatedly calling Brutus an "honorable man," affect the crowd when he is giving his funeral speech in

what process accounts for species diversity? A) Mitosis B) Meiosis C) Predation D) Symbiosis

Lost four different ways in which luminous objects produce light. Give an example of each.

I was given 2/3 of $21.00 how many dollars did get ?

Simplify completely:

You are more likely to have good mental and emotional health __________.