sandovalelena90 sandovalelena90
  • 01-07-2020
  • Mathematics
contestada

You deposited $2000 in an account earning 3% in interest compounded monthly. A) How much will you have in the account in 25 years? B) How much interest will you earn?

Respuesta :

tuulikandali tuulikandali
  • 05-07-2020

Answer:

c=p(r/100+1)n

c=2000(3/100+1)25

a)$4187.56

b)$4187.56-2000=2187.56

Step-by-step explanation:

Answer Link

Otras preguntas

find an equivalent expression without parentheses -(50x-15y+15)=
what is the answer for (20,8),(9,16) ?
Historians of china have traditionally dated the beginning of Chinese civilization to the founding of the what??
Prove that (x^5)-(x^2)+2x +3=0 has at least one real root. Prove that x=cosx has at least one solution.
How were life forms affected by the rise in atmospheric oxygen levels that began 2.2 billion years ago?
(10y^3+20y^2+55y)/5y
Data are drawn from a symmetric and bell shaped distribution with a mean of 120 and a standard deviation of 5. There are 900 observations in the data set. What
Prove that (x^5)-(x^2)+2x +3=0 has at least one real root. Prove that x=cosx has at least one solution.
Scarcity is the condition of not having enough goods and services to satisfy everyone's?
what is the answer for (20,8),(9,16) ?