EmilieCasey8923 EmilieCasey8923

01-06-2017
Mathematics

contestada

Jake’s bank offers him an account with 3% interest, compoundedannually. How much interest would he earn from this account if hedeposits his $1,320 for 5 years?

Respuesta :

gerishonwambugu gerishonwambugu

01-06-2017

I=P(1+R/100)^5
I=$1320(1+3/100)^5
I=$1530

Answer Link

Otras preguntas

find the circumference of a circle whose radius is 15.4cm

In scientific notation, what is the sum of 2.3 times 10^{-3} and 5.4 times 10^{-4}?a. 2.84 times 10^{-3}b. 5.63 times 10^{-3}c. 7.7 times 10^{-7}d. 12.42 times

All of the following expressions have a value between 0 and 1, excepta. \frac{(-3^{7})}{(-3)^9}b. 4^{-10}× 4^{6}c. \frac{(8^3)^3}{8^{-4}} d. ( \frac{2}{5} ^{8})

jasmines cd collection is 3/8 jazz 1/4 rap and the rest is rock music what is the fraction of rock music

jasmines cd collection is 3/8 jazz 1/4 rap and the rest is rock music what is the fraction of rock music

find the circumference of a circle whose radius is 15.4cm

jasmines cd collection is 3/8 jazz 1/4 rap and the rest is rock music what is the fraction of rock music

All of the following expressions have a value between 0 and 1, excepta. \frac{(-3^{7})}{(-3)^9}b. 4^{-10}× 4^{6}c. \frac{(8^3)^3}{8^{-4}} d. ( \frac{2}{5} ^{8})

find the circumference of a circle whose radius is 15.4cm

In scientific notation, what is the sum of 2.3 times 10^{-3} and 5.4 times 10^{-4}?a. 2.84 times 10^{-3}b. 5.63 times 10^{-3}c. 7.7 times 10^{-7}d. 12.42 times