3 years ago

A principal of $3000 is invested at 5% interest, compounded annually. How much will the investment be worth after 12 years?

Mathematics

1 answer:

AURORKA [14]3 years ago

4 0

Answer:

The investment will be worth $5,388.00 after 12 years.

Step-by-step explanation:

$3000 * 1.05^{12}\\=5387.57$

You might be interested in

Find the slope of a line parallel to each given line

rewona [7]

Answer:

7) D

8) A

9) A

10) D

11) C

12) B

Step-by-step explanation:

6 0

3 years ago

9. Three dice are tossed. Find the probability of the specified event.<br> A sum of 5

Marina CMI [18]

3/5 I think sorry if I’m wrong

4 0

3 years ago

What is the value of x 3/5x-1/3x=x-1

Stella [2.4K]

Answer:

x=15/11

x=1.36

Step-by-step explanation:

8 0

3 years ago

A baseball team sells tickets for two games. The ratio of sold tickets to unsold tickets for the first game was 7 : 3. For the s

Tanzania [10]

Answer
1260

A baseball team sells tickets for two games.
The ratio of sold tickets to unsold tickets for the first game was 7 : 3. For the second game, the ratio was 13 : 2. There were 240 unsold tickets for the second game. How many tickets were sold for the first game?

8 0

3 years ago

What is the value of this expression 3x1/2 , please i need this asap!

Svetllana [295]

Answer:

___

Step-by-step explanation:

7 0

4 years ago

Read 2 more answers