1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lozanna [386]
4 years ago
10

A $3300 principal earns 4% intrest, compounded annually. After 3 years, what is the balance in the account.

Mathematics
1 answer:
Nikitich [7]4 years ago
4 0
This can be answered using the following formula for interest:

Let:
F = future value
P = principal value
n = interest period (n = 3)
i = interest percentage

F = P(1 + i)^n

Substituting the given values, we arrive at the following:
F = 3300(1 + 0.04)^3
F = 3712.05

Therefore, after 3 years, the balance in the account will be $3712.05



You might be interested in
What is the ratio then what is the value of the ration?
Alekssandra [29.7K]

Answer:

For example, if there are eight oranges and six lemons in a bowl of fruit, then the ratio of oranges to lemons is eight to six (that is, 8∶6, which is equivalent to the ratio 4∶3).

5 0
3 years ago
How 152 is shown with blocks
Pie
It will be 1 of the 100block
5 of the tens block and 2 single
4 0
3 years ago
Read 2 more answers
What's the answer for it??
Murljashka [212]
I believe the answer is D.
5 0
3 years ago
Read 2 more answers
11
spayn [35]

Answer:

$21 / 6 burgers= price per burger

$3.50 per burger

Brainiest plz?

3 0
3 years ago
Order these numbers from least to greatest
pantera1 [17]

Answer:

8 5/6 -> 8.839 -> 177/20 -> 8.99

Step-by-step explanation:

8 5/6 = 8.333

8.839

177/20 = 8.85

8.99

8 0
3 years ago
Other questions:
  • jesse uses 19 beads to decorate each picture frame. In all, Jesse used 133 beads. How many picture frames did Jesse make?
    12·1 answer
  • PLEASE HELP Function Stories You’ve seen how we can use different functions to model real-world situations, and you’ve studied t
    9·1 answer
  • 67
    10·1 answer
  • A researcher has developed a new drug designed to reduce blood pressure. In an experiment, 21 subjects were assigned randomly to
    9·1 answer
  • Finn travels 25 miles per hour for 2 hours find the distance traveled (nearest tenth)
    13·1 answer
  • a market buys mixed nuts at $15 per round. They want to make a 20% profit. What would you pay for 1 pound of nuts.
    6·1 answer
  • A farmer needs to mix 8 ounces of fertilizer for every 10 pounds of soil. How many pounds of fertilizer will the farmer need to
    6·2 answers
  • Complete the equation of the line through (-1,6) (7,-2)<br><br> Like Y= ??
    5·1 answer
  • Wich one is bigger 71 ounces or 4.5 pounds ​
    15·1 answer
  • Find possible zeroes<br> f(x)=3x^6+4x^3-2x^2+4
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!