MariahC07 MariahC07

02-12-2017
Mathematics

contestada

Find the amount in an account if $3,500 is invested at 6.12% compounded monthly, for 4 1/2 years.

Respuesta :

jorel1380 jorel1380

03-12-2017

6.12% compounded monthly equals 0.0612/12, or 0.0051 added monthly. So, $3500 invested for 4-1/2 years is:
3500 x (1.0051)^(48+6)=1.3161x3500=$4606.48
☺☺☺☺

Answer Link

Otras preguntas

What command would you use to list the text files in your fileAsst directory (using a relative path)?

Hi, I have a project where I need to build a model of a pyramid from Egypt. So, I was wondering, how would the Egyptians and thieves get into the pyramids? Also

Write an equivalent expression for 10x + 2 using the Distributive Property. A. x(10 + 2) B. 10(x + 2) C. 2(x + 2) D. 2(5x + 1)

Which phrase from the excerpt shows that hamilton thinks other governments are closely watching the formation of government in the united states?

What is the average rate of change of the function on the interval from x = 1 to x = 2? f(x)=10(5.5)^x Enter your answer, as a decimal, in the box.

Help please !!!!!!!!!!

1.) Find sin theta if cos theta = 1/4 and falls in quadrant 1 2.) Find tan theta of sin theta = 1/4 and falls in quadrant 2 3.) Find cos theta if tan theta -squ

How many political parties have dominated american politics throughout its history?

What is the slope of the line represented by the equation y =f(n+1)=f(n)-5

What is the value of (8 + 3a) x a when a = 1/3