ayannapeterson456 ayannapeterson456
  • 11-10-2020
  • Mathematics
contestada

If you deposit $5000 into an account that pays 3% annual Interest compounded -annually, how much money will you have after 2 years?

Respuesta :

16naktar
16naktar 16naktar
  • 11-10-2020

Answer:

$5304.5

Step-by-step explanation:

5000 x 1.03²  

1.03=3%

x² =2 years

Answer Link

Otras preguntas

When can research participants withdrawn from a study
State the slope (m) and the y-intercept (b) for the problem below. m 4. y=-2x + 4 b =
3x+4y=2, find 27x•81v
"The definition of absolute value is: how far a number is from its opposite". What's the error put into words.
how does the decloration of independence express the enlightment idea of popular sovereignty?
what is a correlation co-efficient?
Its a java question and its so urget... thank you...
1.) (2)(8+2i)= Multiplying complex numbers
If anyone is down to do this, I can give at least an additional 100 points. Let me know if you will and ill give you the details.​
Activity 1: Fill in the blank. Drag each word to the correct statement. 1. Which segment is responsible for safe handling of the animal product (beet pork Jamb)