Answer:
D. 10^10
Step-by-step explanation:
Multiplying numbers with exponents rule :
explanation of rule : we simply keep the bases the same and add the exponents.
10^3 • 10^7
keep the base as 10 and add the exponents
Keep in mind that this only works when the bases are the same.
Answer:
$5265.71
Step-by-step explanation:
We have been given that you deposit $3000 into a money-market savings account which pays 4.8% compounded quarterly.
We will use future value formula to solve our given problem.
, where,
,
r = Rate of return in decimal form,
n = Number of periods.
Therefore, there will be $5265.71 in your account at the end of those 3 years.