jenny1234417 jenny1234417
  • 09-03-2018
  • Mathematics
contestada

PLEASE HELP WILL GIVE BRAINLIEST!!!******** William invested $7000 in an account that earns 4.5% interest, compounded annually.

PLEASE HELP WILL GIVE BRAINLIEST William invested 7000 in an account that earns 45 interest compounded annually class=

Respuesta :

linkrdzp5aa61
linkrdzp5aa61 linkrdzp5aa61
  • 09-03-2018
This is a matter of plugging in numbers.
P = 7000 (starting value)
l = 0.045 (rate)
t = 3 (number of years)

A(t) = 7000(1 + 0.045)^3
A(t) = 7000(1.045)^3
After three years, William will have 7988.16
Answer Link

Otras preguntas

How are faith communities using the internet and social media?
What about being a student at boston university most excites you?
List two ways in which the biosphere would be impacted in the absence of the geosphere. Use complete sentences.
Please help me on this ☺️☺️☺️☺️
On what date did the communists take control of Cuba?
Which best compares and contrasts Banking and Investment Planning? A) Both require workers to have math skills for calculating risk, while Banking also requires
It is best to be an aggressive communicator because then you will always get what you desire.
Which line best completes the analogy in this excerpt from “The Love Song of J. Alfred Prufrock” by T.S. Elliot ?
This was a governmental agency formed in 1887 by grover cleveland to regulate railroads. term:
Please help me thank you