ahsanahmad920 ahsanahmad920

24-07-2017
Mathematics

contestada

How much money will be in a bank account after 9 years if $7 is deposited at an interest rate of 5% compounded annually?

Respuesta :

Aliwohaish12 Aliwohaish12

24-07-2017

The formula is
A=p (1+r)^t
A future value?
P present value 7
R interest rate 0.05
T time 9 years
A=7×(1+0.05)^(9)
A=10.86

Answer Link

Otras preguntas

whats the treatment of gout

9,000x0.34 Plss help me

Using Models Create flowcharts that show four different food chains in the food web shown below.

25 points !!!!!!!!!!!!! Federalism Separation of powers Checks and balances Popular sovereignty

. Math on the Spot Graph the translation of XYZ 4 units right and 2 units down. Module ! Lesson 2 6 2

Do you believe the legacy of Marbury v. Madison has been positive or negative and if it has served to strengthen or weaken Americandemocracy.

Limited government spending is based on what ideal

For the story/book Cast Two Shadows, could this story exist in a different setting? How does the setting affect the story? Why is the setting important to the s

6( 3 + 5 ) 2 - 9a evaluate the expression when a = 3 and b = 5

Ex. 9 Le projet de train Hyperloop permettrait aux passagers, installés dans des capsules circulant sur coussins d'air, de voyager à 1 200 km/h. a. Quelle dista