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

Which religion has a cultural landmark the dome of the rock

"Pilgrim progress" what does the town vanity symbolize?

During a recent winter, the ratio of deer to foxes was 7 to 3 in a town. If there was 210 foxes in the town, what was the number of deer in the town?

The outermost tissue of a tree trunk that is 6 feet in diameter would most likely be (A) epidermis (B) cork (C) cortex (D) phloem (E) xylem

Jim has a box in the shape of a rectangular prism. The area of the base of the box is 48 square inches. The volume of the box is 144 cubic inches. let h= the he

what two developments in the late 1800s led to the decline of the cattle business ?

A rectangular bedroom floor has an area of 100 square feet and a length of 10 feet. What is the perimeter of the floor?

how were the oregon and santa fe trails different ?

Dirk Nowitzki of the Dallas mavericks scored 44 points in a recent basketball game. He scored no 3-point shots, but made a number of 2-point field goals and 1-p

what were the 4 major causes of imperialism?