calebd715 calebd715
  • 04-03-2021
  • Mathematics
contestada

If a bank account doubles in size every 5 years, then by what percent does it grow after only 3 years?

Respuesta :

Nianoom
Nianoom Nianoom
  • 04-03-2021

Answer:

1.516 

Step-by-step explanation:

A Person Places Rs 500 in a Accout that is intrest compounded continuously Assuming no additional deposits or withdrawals, How much will be in the Account After seven years If the interest rate is Constant 8.5 percent for the first four year and a constant 9.25 percent for the last three years. So you get The percent 1.516 

Answer Link

Otras preguntas

Which two categories from the KSY Manufacturing Company's Balance Sheet will be used to calculate its Current Ratio?
Structure of bronchi definition
Do not park or walk in a parking lot where you cannot be blank by others. surprised followed attacked seen
which unit can be used to express the concentration of a solution
How did the USSR and China aide North Vietnam in its war against the United States
Read this excerpt from "Eleven". In my head I'm thinking how long till lunchtime, how long till I can take the red sweater and throw it over the school yard fen
What was a consequence of the Kansas Nebraska Act?
Which causes a drop in female hormone levels?the onset of the menstrual flowif an egg is released from the ovaryif the uterine wall thickensif the egg is not fe
If x= 7/8 cm, y= 1/4 cm, and z=5/8 cm, what is the volume of the rectangular prism?
Which of the following is a like radical to 3x square root 5? a). x(3cube root 5) b). square root 5y c). 3(3cube root 5x) d). y square root 5