tarashon32173 tarashon32173

01-06-2017
Mathematics

contestada

if $1,100 is deposited into a saving account 11% interest paid annually how much money will be in the account in 10 years

Respuesta :

destr0yerx4114 destr0yerx4114

01-06-2017

3,123.36 if compounded once annually.

Answer Link

benwickersham benwickersham

01-06-2017

The answer is $3123.36

I used the formula of A = i(1 + r/n)^nt

Then I plugged the numbers in and got:
A = 1100(1 + .11/1)^1 x 10
Then I just solved it like a normal equation

Answer Link

Otras preguntas

A yard fabric costs $12.99. How much will 2 feet cost?

What message might these frequent and violent changes in leadership have sent to people living outside the Roman Empire?

what are 6 traits of a good scientific observer

I don't get exponents

Factor by grouping 5x+15+xy+3y

For each store,what is the ratio of the number of cans to the price:24 packs (2 for 9);12 packs (4 for 10);12 packs (3 for 9)

What do the three references to slavery in the Constitution touch on?

How were the native peoples of the Americas living prior to European contact? A. They were organized into two large empires of the Incas and the Aztecs. B.

The Aryan migration began its spread into India through the Indus River Valley mainly because

Sperm are released out of the male reproductive system through the (2 points)