artnerd1207 artnerd1207
  • 03-04-2018
  • Mathematics
contestada

How much must you deposit in an account that pays 8% interest, compounded monthly, to have a balanc of $1000 after 3 years?

Respuesta :

philipscaster83
philipscaster83 philipscaster83
  • 03-04-2018
1,000÷(1+0.08÷12)^(12×3)
=787.25
Answer Link

Otras preguntas

1. Static holding is when you hold the same posture for long periods of time.
prepare a dialogue on two historical personalities and include their contributions in nepalese history​
Do you and your friends like the same things?do you wear the same clothes?why do you think that is?
Why does the author include a heading? Answer options with 4 options 1. to give the reader information about where this takes place 2. to give the reader backgr
Discuss three ways to sustain the carbon cycle
Eli used 2 1/5 liters of soup to completely fill 2 bottles. If the bottles are all the same size, how many liters of soup does each bottle hold.
Sandi got 1/1/4 pounds of gummy worms if she left the store with 3 pounds of gunmys worms and skittles ,how many pounds of skittles did she get
Rewrite without parentheses and simplify. (v-6)^2
1.A pool is draining at a rate of 5 gallon per minute. If there are 120 gallons in the pool, how long will it take to empty the pool?i need help asap
What are the percents of these?