tiontValexiaoanhop tiontValexiaoanhop

10-04-2017
Mathematics

contestada

Suppose you deposit $2,000 in a savings account that pays interest at an annual rate of 6%. if no money is added or withdrawn from the account, what will the amount be after 4 years?

Respuesta :

wolf1728 wolf1728

11-04-2017

Total = Principal * (1 + rate)^years
Total = 2,000 * (1.06)^4
Total = 2,000 * 1.26247696
Total = 2,524.95

Answer Link

Otras preguntas

A surveyor is using a magnetic compass 5.6 m below a power line in which there is a steady current of 140 A. (a) What is the magnetic field in microteslas at th

Find the formula for an exponential function that passes through the two points given. (x, y) = (0, 4) and (x,y) = (3, 108)

Identify two essential elements of running a successful campaign for elective office in California. Describe how a candidate’s use of these elements might chan

If the amount of uncollectible account expense is overstated at year enda. net income will be overstated.b. stockholders' equity will be overstated.c. Allowance

Alan can type 80 words in two minutes. How many words can he type in an hour? WOU6 SUQ OLUJE IUCLGDLG 23 W162" OU IPG

Kyle lays a mirror flat on the floor and aims a laser at the mirror. The laser beam reflects off the mirror and strikes an adjacent wall. The plane of the incid

Apply the distributive property to simplify the expression. −3(6x + 2) A) 18x + 6 B) 18x − 6 C) −18x + 6 D) −18x − 6

A bag contains 5 gold marbles, 10 silver marbles, and 26 black marbles. The rules of the game are as follows: You randomly select one marble from the bag. If it

This Person/Group wrote This Document in July 1776 to formally separate from Britain and become the "United States" Question 2 options: Thomas Jefferson The Se

Atoms with the same number of protons but different numbers of neutrons are 1) different elements 2) isotopes of the same element 3) isotopes of different eleme