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Andru [333]
3 years ago
8

How much money will there be in an account at the end of 10 years if $3000 is deposited at 3% interest compounded

Mathematics
1 answer:
BaLLatris [955]3 years ago
6 0

Answer:

$4040.57

Step-by-step explanation:

A=P(1+(r/n))^nt

P = Principal = 3000

r = rate = 0.03

n = no. times payed each year = 2

t = years = 10

A = 3000(1 + (0.03/2))^(2x10)

A = 3000(1.015)^20

A = 4040.57 (2.d.p)

Hope this helped!

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Which of the following ordered pairs represents the solution to the system given below? 2x + y = 20 4x − 2y = 40 A) (10,0) B) (0
shtirl [24]
2x+y=20 \ \ \ |\times 2 \\
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4x+2y=40 \\
\underline{4x-2y=40} \\
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4 0
3 years ago
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What expression is equivalent to 1/3(4-5x-1)?
Serhud [2]
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Hope that helps!!!!
3 0
3 years ago
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