andapadotRacervill andapadotRacervill
  • 01-04-2017
  • Mathematics
contestada

Frank deposited $100 into an account that earns 4% interest which is compounded 4 times per year how much will frank have in his account in 3 years

Respuesta :

Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 01-04-2017
A=100×(1+0.04÷4)^(4×3)
A=112.68
Answer Link

Otras preguntas

Find the value of m, if (5,8) is a solution of the equation 11 x-2y = 3m, then find one more solution of this equation
Jason hits a volleyball so that it moves with an initial velocity of 6.0 m/s straight upward. If the volleyball starts from 2.0 m above the floor, how long will
Will you marry me ? ​
Select the correct answer. Figure 1 is similar to figure 2. What is the height of figure 1? The picture shows two cones, figure 1 and figure 2. The radius of a
This year you earned $75,500. Last year you earned $72,400. What was the rate of change on your earnings since last year
The formula for the perimeter P of a rectangle with length / and width w is as follows. P=21+2w Suppose the length of the rectangle is 2 times the width. Rewrit
Mrs Majhi deposited a certain amount in her bank account at the rate of 6.5% p.a. If she paid 5% of her interest as income tax and received Rs 4940 net interes
Anita’s mother is 5 times older than Anita and Anita is twice as old as his sister Rita. In two years time, the sum of their ages will be 58. How old is Anita n
According to the stem-and-leaf plot above, how many drivers travel below 80 miles hour per hour? A 2 B 14 C 6 D 5
ack on ore ore 12 ch Question 1 When solving 2x + 5y = 7 - 3x + 4y = 9 by the elimination method, we can eliminate x by multiplying the first equation by 3 and