Yesssssssirrr Yesssssssirrr
  • 13-11-2021
  • Mathematics
contestada

Find the ending balance if $500 was deposited at 5% annual interest compounded quarterly for 3 years.

Respuesta :

Barlosoffdaperc
Barlosoffdaperc Barlosoffdaperc
  • 13-11-2021

Answer:

$575 ,

Step-by-step explanation:

5% of $500 is only $25

multiply that by 3YRS due to annual interest it would amount too

an addition $75 dollars so the answer is $575

Answer Link

Otras preguntas

solve for v in terms of s, t, v. u=-tsv
t a hockey game, a vender sold a combined total of 231 sodas and hot dogs. The number of sodas sold was two times the number of hot dogs sold. Find the number
What’s the sum of the numbers 1 to 100
Which of the following is not an intensive physical property? A. Electrical conductivity B. Mass C. Density D. Freezing point
which of the following statements is true regarding both theories and laws?
Mes amies et moi _____ faim.
How are idiomatic expressions the same in English and Spanish? How are idiomatic expressions different in English and Spanish? explain
What’s he answer thanks
Spanish explorer Juan Ponce de León is MOST known for his exploration of what part of the "New World"? A) Canada B) Brazil C) Florida D) Texas
What are the positive and negative effects of electronic media on children and family relationships?