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

ellen is playing a video game in which she captures butterflies.there are 3 butterflies on screen, but the number of butterflies doubles every minute.after 4 mi

Which statement best describes the relationship between proteins and nucleic acids? Proteins read the instructions that are contained in nucleic acids. Nucleic

At what location in a circuit is the electrical potential energy the greatest

You studied for 14 hours last week. What was your unit rate of hours of study per day?

give the next term and the nth term of 8,13,18,23,28

round 0.4625 to the nearest cent

y= 3x - 10 y= 2x - 5

Positively charged sodium ions transport electrical impulses in the nervous system. Which subatomic particle does sodium lose to attain a positive charge?

Which statement is true about exergonic reactions? A. In exergonic reactions, ΔG is positive due to the absorption of free energy. B. Exergonic reactions use mo

What type of balance does a Rose Window have?