mariesavannah483 mariesavannah483

03-07-2020
Mathematics

contestada

1. Yousaf deposits $5000 in a savings account at his local bank. The account pays 5.5 % interest compounded annually. At the end of 6 years, how much will he have in his account?

Respuesta :

soNAa03 soNAa03

03-07-2020

Answer:

I think its $6894.21

Step-by-step explanation:

compound interest formula: A= P(1+ r/n)^nt

A= 5000(1+ 0.055/1)^1(6)

A= 6894.21403

A= $6894.21

Answer Link

Otras preguntas

what base could be written in the blank to make the exponential function model 15% decay ? y= (___) ^t\12

At the start, europe dominated the slave market and continued to export slaves to european countries. group of answer choices true false

11% 5. The grid shows how many eggs Ms. Benton bought. eggs she The shaded boxes represent the number of used to make the cookies. What percent and fraction of

Select all the correct answers. what was a result of the brown v. board of education ruling?

Which function/role of consultation in healthcare settings is jerry serving by receiving the results and making sure everyone else gets them?

After hundreds of tests and retests, scientists have found definitive proof that gmo foods are dangerous to human and animal health. a. true b. false

The helium-neon lasers most commonly used in student physics laboratories have average power outputs of 0. 250 mw. True or false?.

what is a plot in Sour Worms short story

About 5% of the population has a particular genetic mutation. 300 people are randomly selected. Find the standard deviation for the number of people with the ge

The length of a spring with no applied force acting on it is 10.00 centimeters. Juanita applied different forces to the spring and recorded the new lengths of t