evaaahernandez28 evaaahernandez28

24-04-2019
Mathematics

contestada

Suppose that you invest $250 every month in an account that has 3.6% APR. The account is compounded every month.

How much money will you have after 2 years?

Respuesta :

24-04-2019

Answer: $268.63

Step-by-step explanation:

A = P(1 + R/100n)^nt

P (principal) = 250

R = 3.6 (%)

n = 12 (months in a year)

t = 2 (years)

A = 250 x (1.003)^24

= $268.63

Answer Link

Otras preguntas

Codes that are too detailed encourage employees to substitute rules for judgment. a. true b. false

Allison, a long-time employee at aim corporation is helping william, a new employee; learn the culture of the organization. allison is using the

which instrument is used to measure air pressure

Which body of water is located at Letter C on the map above? A. The Black Sea B. The Mediterranean Sea C. The Atlantic Ocean D. The Aegean Sea

The premise behind thaddeus stevens' view of reconstruction was that the south should be

In the 1790s, why did the revolutionary political leaders become divided over the course of the new nation? what was the result?

Which two cases can be solved using the law of sines? (select all that apply.)?

Ben has 10 apples, Sarah has ten times what Ben has.How many apples do Sarah have.

An image of a right triangle is shown with an angle labeled x. If tan x° = 11 divided by r and cos x° = r divided by s, what is the value of sin x°?

What are three elements that have similar chemical properties to oxygen