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Rudik [331]
3 years ago
11

A customer deposits $500 in an account that pays 4% annual interest. What is the balance after 3 years if the interest is compou

nded annually? Compound interest formula: V (t) = P (1 + StartFraction r Over n EndFraction) Superscript n t t = years since initial deposit n = number of times compounded per year r = annual interest rate (as a decimal) P = initial (principal) investment V(t) = value of investment after t years
Mathematics
2 answers:
KiRa [710]3 years ago
7 0

Answer:

$562.43

Step-by-step explanation:

V(3) = 500 ( 1 + \frac{0.04}{1} )^{3} \\500 (1.04)^{3}

     = 562.43

ziro4ka [17]3 years ago
4 0

Answer:

D

Step-by-step explanation:

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Solve completely (all missing sides and all missing angles) using trig ratios or laws. Round to the nearest tenth.
hodyreva [135]

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Step-by-step explanation:

3. Use Cosine law to find the  length of the unknown side (PR)

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