dannyanderson6623
dannyanderson6623 dannyanderson6623
  • 03-05-2017
  • Mathematics
contestada

328 dollars invested at 5% for 3 years

Respuesta :

mreijepatmat
mreijepatmat mreijepatmat
  • 03-05-2017
1) if it's a normal interest it gives a yearly interest of 328x0.05 =$16.4 /yearly


2) if it's a compound interest ,the final total amount will be :

 A = 328(1+0.05)³ = $379.701

the interest gained ==> 379.701-328 =51.701
Answer Link

Otras preguntas

How would I introduce myself in French ? My school does "fun" classes and they assign everyone a fun class. I got French
Pppppplllllleeeaaaassssseeee helllllllllpppppp mmmmmmmeeeee
which describes the following pattern? 1,5,25,125,...
NEED HELP///WILLREWARD///WILL MARK BRAINLEST
What is the definition of globalization? a unification of developed countries with a central goal a connection between countries to improve business and trading
What could you use in an artwork to show that a bright light is shining on a reflective object?
1.the biggest problem when using metals or cowry shells for trading is____ A. no one can agree on an exchange rate B. large amounts become very heavy to carry
Is it wrong to claim that a trait evolved so the species involved can survive better? yes--traits evolve because individuals with that trait survive better and
A horse trainer uses circular pens that are 35ft, 50ft and 66 ft in diameter find the area of each pen
A student attempted to generate an equivalent expression using the distributive property, as shown below: 2(x + 5) = 2x + 5 What was the mistake made? A: 2 was