rubendeanda02p1y63u rubendeanda02p1y63u

02-09-2019
Mathematics

contestada

If you deposit $1,000 ir an account that pays 6% annual interest compounded continuously, what will the balance be after five years?

Respuesta :

magicalduck23 magicalduck23

02-09-2019

Answer:

If you know 6% of 1000 is 60 so each year 60 will add so 60x5 is 300 so you will earn 300 in 5 years.

Step-by-step explanation:

Answer Link

Otras preguntas

what is 54 times 3 times 71 minus 45 plus 102 divided by 6 times 25 subtracted by 34 times 141 plus 32 subtracted by 67? Also put 578402/10856 in simplest form.

Find the surface area of a rectangular prism with a length of 6.9mm, a width of 8.2mm, and a height of 14mm.

What is the percentage increase from 200 to 280

what are the differences between german and english schools

A definition for cyber bullying

how were the oregon and santa fe trails different ?

differentiate benzene and cyclohexane

what is 54 times 3 times 71 minus 45 plus 102 divided by 6 times 25 subtracted by 34 times 141 plus 32 subtracted by 67? Also put 578402/10856 in simplest form.

what are the next three numbers in this pattern 1,2,3,5,8

Three friends go bowling the cost per person per game is $ 5.30 the cost to rent shoes is $ 2.50 per person.Their total cost is $ 55.20 how many games did they