chinekawilliams16 chinekawilliams16

18-05-2020
Mathematics

contestada

7800 dollars is placed in an account with an annual interest rate of 6.5%. How much will be in the account after 29 years, to the nearest cent?

Respuesta :

zrh2sfo zrh2sfo

18-05-2020

Answer:

Year 29 $2,956.63 Total Interest $40,643.25 Balance $48,443.25

Step-by-step explanation:

Base amount: $7,800.00

Interest Rate: 6.5% (yearly)

Effective Annual Rate: 6.5%

Calculation period: 29 years

Ver imagen zrh2sfo

Answer Link

Otras preguntas

circle the precipitate in the following the reactions: Ba (aq) + Co( aq) --> BaCo3 (s)

Which of the following statements about metabolic rate is FALSE? Metabolic rate may be measured by determining the rate of oxygen consumption. The metabolic rat

Last question? Please look through? possibly help? Brainliest + points

What is the domain of the function shown in the mapping? {x | x = –5, –3, 1, 2, 6} {y | y = –9, –6, 0, 2, 4} {x | x = –9, –6, –5, –3, 0, 1, 2, 4, 6} {y | y =

When did the Phanerozoic eon begin?

what was Japan's strategy for attacking the american naval base at Pearl Harbor? A. To take over the islands of Hawaii for fueling stops B. To take the Hawaiian

Ideas needed! 10pts! I’m doing a surreal art project & I need to mix internal objects w outdoor. Ex:

One of the problems associated with the “green revolution” is that (A) not enough food is produced for developing countries. (B) it is confined to highly

As consumers, we have to make decisions because ?

What were the Nuremburg Laws in Germany? How were they applied? What procedures did the early Nazi state put in place to identify Jews in Germany? Paragraph for