janayramarrero janayramarrero

11-06-2021
Mathematics

contestada

You deposit $900
into a bank account
with 5% annual
interest that
compounds
quarterly. How long
will it take the
balance of the
account to double

Respuesta :

clubpenguin694521 clubpenguin694521

11-06-2021

Answer:40 years

Step-by-step explanation:

First you get 1% which is 9$ then you times it by 5 and get 45 multiply it by 20 you get 900 but since you want to double it then double the answer which is 40

Answer Link

Otras preguntas

Explain the term unemployment

You can determine the molecular formula of a compound by knowing answer

estimate the value of ^50

due to the altered shape of the hemoglobin a person with sickle cell disease will have what symptoms

usred debe ayudarme a limpiar la casa. primero, _____ la mesa, por favor! A) LIMPIES B) LIMPIE C) LIMPIA D) LIMPIO

How long does a 220-mile trip take moving at 50 miles per hour (mph)?

Yoko is recording the number of points she misses on each math quiz. Here are her results for the last nine quizzes. , 1, 8, 1, 1, 2, 1, 2, 6 1 Find the mode a

After growing up as an enslaved person, Josiah T. Walls became Florida’s first African American ?

Is the number written in scientific notation? If not, explain. 44 x 10^8 Please help!!

What is one way that early scientists practice differed form modern scientists practice