tarashon32173 tarashon32173

01-06-2017
Mathematics

contestada

if $1,100 is deposited into a saving account 11% interest paid annually how much money will be in the account in 10 years

Respuesta :

destr0yerx4114 destr0yerx4114

01-06-2017

3,123.36 if compounded once annually.

Answer Link

benwickersham benwickersham

01-06-2017

The answer is $3123.36

I used the formula of A = i(1 + r/n)^nt

Then I plugged the numbers in and got:
A = 1100(1 + .11/1)^1 x 10
Then I just solved it like a normal equation

Answer Link

Otras preguntas

3. PART A: In the passage, how do the narrator's and Mona's points of view about their mother compare? O The narrator and Mona are both embarrassed that their m

which equation doesn’t belong 4 (x + 3) =9, 4+ 3x =9, 4 * x + 12= 9, 9 = 4x + 12

Explain the significance of Simon de Montfort for the development of democratic government

Help me solve this please

Please help asap 61 points

Plz answer if furry and knows the fandom

How can rice and flour mixture could be separated?

What is the solution to this system of equations? 1/4x + 1 and 1/2y = 5/8. 3/4x - 1 and 1/2y = 3 and 3/8 A) (4, -1/4) B) (4, -9/16) C) no solution D) infinitely

Show what the probability of having a male or female offspring in humans.

What is the midpoint of line AC