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3 years ago

Amanda invests 5000 in a cd at an annual rate of 2%. What will her investment be worth at the end of three years?

Mathematics

2 answers:

lana66690 [7]3 years ago

8 0

Answer:

$5306.04

Step-by-step explanation:

Amanda is investing at a rate of 2% annually for 3 years, hence we will use the Future value formula here for the correct answer of the investment after a period of 3 years.

Future Value = Present value * (1 + interest)^years

Future value = 5000*(1+0.02)^3

Future Value: $5306.4

Hope this Helps, Good luck.

Nookie1986 [14]3 years ago

3 0

The equations would be 5000(1+0.02)^3 and the answer is $5306.04

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1 year ago

What is the factorization of 729x15 1000? (9x5 10)(81x10 – 90x5 100) (9x5 10)(81x5 – 90x10 100) (9x3 10)(81x6 – 90x6 100) (9x3 1

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The factors of the equation are $\rm (9x^4+10)(81x^{10} -90x^5 + 100)$ .

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The Factor Theorem states that a polynomial function with roots is given by:

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