Ask question

Ask question

All categories

Nimfa-mama [501]

3 years ago

13

Aileen deposited money into an account in which interest is compounded semiannually at a rate of 2.1%. How much did she deposit

if the total amount in her account after 3 years was $3952.08, and she made no other deposits or withdrawals?
a) $3489
b) $3562
c) $3712
d) $3751

1 answer:

sattari [20]3 years ago

3 0

3952.08=p(1+0.021/2)^6
Solve for p
P=3712

You might be interested in

A checker board has 64 squares and 32 of them are black.

tankabanditka [31]

50% or 32/64 because 32 is half of 64

3 0

3 years ago

The product of 25 and a number f is 5

zlopas [31]

25 * 5 = 25 + 25 + 25 + 25 + 25 = 175

5 0

3 years ago

The scale on a map is 1 inch : 500 miles.

Radda [10]

875 miles times 500 miles per one inch, equals 1.75 inches on the map!

6 0

3 years ago

Can someone help me please?

Rainbow [258]

Answer:

the first option is correct

since value of a will be found through division.

7 0

2 years ago

Read 2 more answers

Emma needs 2 pounds of ground meat to make a meatloaf.she has one package with 2.09 pounds of ground meat and another with 2.09

vladimir2022 [97]

Mma can see that 2.09 is closer to 2 than 2.36.

4 0

3 years ago