Ask question

Ask question

All categories

3 years ago

10

You invest $5,000 in a savings account paying 4% interest compounded quarterly. How much is in the account after 5 years if ther

e are no withdrawals and no additions to the account?

2 answers:

Nezavi [6.7K]3 years ago

8 0

A=P(1+R)TIME
5000(1+0.04)^5
= 6083.264512
NOTE THE 5 IS WRITTEN AS A SQUARE

Hitman42 [59]3 years ago

3 0

1 years is $5200
2 years is $5408
3 years is $5624.32
4 years is $5849.29
5 years is $6083.26

You might be interested in

I need help!!!!!!!!!?

ycow [4]

Is it radius or circumference?

5 0

3 years ago

Jason and David went hiking at different times. Jason is currently 54 feet above sea level while David is starting at 11 feet be

tatuchka [14]

Since jason is currently at 54 feet above sea level and David is 11 feet below sea level the add 11 plus 54 which would give you 65 feet is there distance of elevations

3 0

3 years ago

On a map, the distance between Los Angeles, CA and San Francisco, CA is 51.5 cm. What is the actual distance if the map scale is

Mashutka [201]

Answer:

shiii

Step-by-step explanation:

7 0

3 years ago

Need help urgently please

OLga [1]

Answer:

what do you want me to do actuallt the pic is Unclear?

7 0

2 years ago

Solve each of the following equations. Be make sure to check your solutions. Solve for part b only.

Alona [7]

Answer:

or, 3x-5=2.5x+3-x+4

or, 3x-1.5x=7+5

or, 2.5x=12

or, x=4.8 solved.

3 0

3 years ago