xhmu63eyz5 xhmu63eyz5
  • 04-02-2021
  • Mathematics
contestada

you deposit 3,800 in an account with an annual interest of 5.2% for 20 years

Respuesta :

x111flowers
x111flowers x111flowers
  • 04-02-2021

First, convert R percent to r a decimal
r = R/100
r = 5.2%/100
r = 0.052 per year,

Then, solve our equation for A
A = P(1 + r/n)nt
A = 3,800.00(1 + 0.004333333/12)(12)(20)
A = $ 10,726.90
Answer Link

Otras preguntas

Find the inverse of the linear function y=1/2x+3.
Louisiana Purchase? Help me please
If 90x=60, what is x?​
What is the best definition of the literary term allusion? words, events, or dialogue in a text that hint at a future plot development a communication between
Answer this for me please :/
What is the main difference between a cell nucleus and a nucleoid?-A. Presence or absence of a surrounding membraneB. Arrangement of the cytoskeletonC. Back and
night study questions for pages 32-54 why does madame schachter scream? why does she later become silent and withdrawn? how do people react the first time she s
which method helps prevent comunicable disease A mandatory vaccinations B disease diagnosis C immunization exemptions D hospitalization ​
A permanent committee established by chamber rules in the U.S. House or Senate whose primary purpose is to consider bills and legislation and recommend those me
70 POINTS HELP QUESTION ATTACHED