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STALIN [3.7K]
2 years ago
11

What is the balance after one year on an investment of $20,000 earning 5.2% interest compounded annually?​ what is the answer​

Mathematics
1 answer:
Stells [14]2 years ago
8 0

Answer:

1040

Step-by-step explanation:

20,000 is how much you have and you would multiply 20,000*5.2% or 20,000*.052 (converting a percent to a decimal.)

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Ivahew [28]

Answer:

Step-by-step explanation:

hello :

100^m / 1000^n

look : 100 = 10²  and 1000 = 10^3

so : 100^m = (10²)^m= 10^2m      and   1000^n = ( 10^3)^n = 10^3n

100^m / 1000^n = 10^2m / 10^3n

conclusion : 100^m / 1000^n =  (10^(2m-3n))   when : z = 2m-3n

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