bellatroilop4lwhy bellatroilop4lwhy

23-02-2018
Mathematics

contestada

a $4,000.00 principal earns 5% interest, compounded annually. After 4 years, what is the balance in the account?

Respuesta :

Аноним Аноним

23-02-2018

interest rate is 5% annually. After 4 years relative value of interest will be 1.05^4
Now we multiply that with starting funds and get
4000* 1.05^4 = 4862.03

Answer Link

Otras preguntas

Complains of a dry mouth. the medical term for this condition is

Use substitution to solve the system of equations. y = −2x x − 3y = 21 (3, 4) (−6, 12) (3, −6) (−2, −6)

A 1.5m wire carries a 4 A current when a potential difference of 63 V is applied. What is the resistance of the wire?

The purchase of equipment financed by a long-term notes payable is an example of ________. a. non-cash investing and financing activity b. operating activity

Help me with question 41

Felicity recorded the number of laps she swam each month for 7 months.Her data is shown. 112,134,150,98,120,68,116 Which is the mean absolute deviation to the n

The income security program category for federal government outlays includes spending for

What are the duties and functions of department of state

A cookie factory uses 2⁄5 of a bag of flour in each batch of cookies. Yesterday, the factory used 4⁄5 of a bag of flour. How many batches did the factory make y

Which native american leader attempted to unify the tribes against white settlement?