Mayapo5285 Mayapo5285
  • 02-05-2018
  • Mathematics
contestada

Roman saves $500 each year in account earning interest at an account earning interest at an annual rate of 4% compounded annually.How much interest will the account earn at the end of each of the first 3 years?

Respuesta :

tranvy250601p6zzpn tranvy250601p6zzpn
  • 05-05-2018
500 x(1.04)^3=562.432
562.432-500= 62.432
62.432 / 3= 20.8106
Answer Link

Otras preguntas

If ab = 10 and a2 + b2 = 30, what is the value of (a + b)^2?
3x+y=4 2x+y=5 solve using linear combination
least number that has 2, 3, 4, as factors
Can someone please help me ?
Which period was the “golden age of dinosaurs”? a. the Triassic Period b. the Jurassic Period c. the Cretaceous Period d. the Tyrannosaurus Period
The unstated purpose of the Alien and Sedition Acts was to (A) unite the nation in time of danger (B) deport immigrants who were becoming too numerous (C) prote
least number that has 2, 3, 4, as factors
least number that has 2, 3, 4, as factors
China, Korea, and Japan share cultural similarities in part due to their (1) clashes with Russian imperialists (2) shared river systems (3) contacts through tra
what does etymology study?