rubendeanda02p1y63u rubendeanda02p1y63u

02-09-2019
Mathematics

contestada

If you deposit $1,000 ir an account that pays 6% annual interest compounded continuously, what will the balance be after five years?

Respuesta :

magicalduck23 magicalduck23

02-09-2019

Answer:

If you know 6% of 1000 is 60 so each year 60 will add so 60x5 is 300 so you will earn 300 in 5 years.

Step-by-step explanation:

Answer Link

Otras preguntas

Olivia earned $250 from babysitting over the summer. She wants to give 1/3 of her earnings to the animal shelter. How much will she give to the shelter? Use an

Many self-help groups pattern themselves after the famous self-help group alcoholics anonymous and follow _____ approach.

the elbows of my favorite shirt and completely soiled in soil. How do you know the definition of the bold word is "dirty"

what is a syllogism A. a deductive argument in three parts B. an argument without a minor premise C. an argument without a major premise D. an inductive arg

What did churchchill claim could have prevented Germany from taking the Sudetenland?

what first lady banned dancing and playing cards in the white house

what is the domain of f(x)= 3x/x-1 All real numbers All zero numbers All real numbers except 1 All real numbers expect 3

Only one way to get out from your home should be included and in A fire escape true or false

How did historian Arthur Schlesinger, Jr., describe the powers that President Johnson assumed as he escalated the war in Vietnam?

Please confirm or change if wrong.