the $700 you put into the bank is being continuously at 1.2%. how much will it be worth after 3 years?
1 answer:
Answer:
$983.45
Step-by-step explanation:
Given data
Principal= $700
Rate= 1.2%
Time= 3 years
The compound interest expression is given as
A= P(1+r)^t
A= 700(1+0.12)^3
A= 700(1.12)^3
A= 700*1.404928
A=$983.45
Hence the balance will be $983.45
You might be interested in
Answer:
BK=3
CK=2.4
Step-by-step explanation:
Hope it works
Answer:
B
Step-by-step explanation:
3 x -3 is -9
-2 x 4 is -8
-9 x -8 is 72
Answer:
24?
Step-by-step explanation:
Answer:
y = -3(x+2)^2 - 6
Step-by-step explanation:
y = a(x+2)^2 -6
-18 = a(-2)^2 - 6
-12 = 4a
a = -3
y = -3(x+2)^2 - 6
Jeffrey = J
Max = M
M = 2j + 5
