dannyanderson6623
dannyanderson6623 dannyanderson6623
  • 03-05-2017
  • Mathematics
contestada

328 dollars invested at 5% for 3 years

Respuesta :

mreijepatmat
mreijepatmat mreijepatmat
  • 03-05-2017
1) if it's a normal interest it gives a yearly interest of 328x0.05 =$16.4 /yearly


2) if it's a compound interest ,the final total amount will be :

 A = 328(1+0.05)³ = $379.701

the interest gained ==> 379.701-328 =51.701
Answer Link

Otras preguntas

Which person seems to have the best emotional health? Jana plays hockey and boasts that she is the best goalie in her class. Kurt spends time reading and makes
If the smallest angle of rotation for a regular polygon is 18 how many sides does a polygon have
How well does The Odyssey fit the mold of an epic poem? Provide at least four details to support your answer. Answers should be approximately two paragraphs in
what is 5x + 2 + 3x equals ?
Situation, data type, objectives, familiarity, and certainty are all factors in
Which situation from “initiation” is an example of internal conflict
Eighteenth century music meant to be played in the evening is called:
How many atoms of cobalt are in one formula of cobalt(lll) oxide?
who is the intended audience for lincoln's address? based on the content, how does lincln view these different groups?
a steam& change occurs in which part of the verb entender