esparzadaisy00p61w0q esparzadaisy00p61w0q

24-09-2019
Mathematics

contestada

Mary invested 5,000 into a bank account that was earning 2.5 percent interest compound monthly what would her exact account balance be after 3 years?

Respuesta :

MathPhys MathPhys

24-09-2019

Answer:

$12,162.68

Step-by-step explanation:

It's compounded monthly. 3 years is 36 months.

A = P (1 + r)^n

A = 5000 (1 + 0.025)^36

A ≈ 12162.68

Rounded to the nearest cent, her exact account balance would be $12,162.68.

Answer Link

Otras preguntas

. Students were asked in a survey if they like peanuts, cashews, walnuts, or pecans the most. The results are shown in the bar graph. Altogether, how many stude

Which type of publication would be the best source for a brief introduction and summary of a topic? dictionary encyclopedia newspaper textbook

A tariff is a tax on ___. A) exports B) food C) imports D) services

what types of eukaryotic cells have vacuoles that act like lysosomes

Every weekday, Tasha walks 3/8 mile to go to school. After school, she walks 2/8 mile to go to her grandparents' house. Then she takes the smae route home. Does

If my job after school pays me double minimum wage, but my boss says he needs to cut my pay by 10% but will give me 10% more hours to make up for it, will I sti

true or false The war had turned in favor of the Americans after the battle of Saratoga.

what kind of glacier has pieces that breaks off as icebergs

If a closet organizer has a total width of 69 1/8 inches and the closet is 69 3/4 inches wide, will the organizer fit?

Solve x: 3x-5 = 20 And solve x: -3x-5=-20