tarashon32173 tarashon32173

01-06-2017
Mathematics

contestada

if $1,100 is deposited into a saving account 11% interest paid annually how much money will be in the account in 10 years

Respuesta :

destr0yerx4114 destr0yerx4114

01-06-2017

3,123.36 if compounded once annually.

Answer Link

benwickersham benwickersham

01-06-2017

The answer is $3123.36

I used the formula of A = i(1 + r/n)^nt

Then I plugged the numbers in and got:
A = 1100(1 + .11/1)^1 x 10
Then I just solved it like a normal equation

Answer Link

Otras preguntas

The temperature in an oven changes from 350 degrees to 362 degree. What is the percent increase in temperature, to the nearest tenth of a percent?

Plzz help!!!! Which set of ordered pairs corresponds to the graph?

Consider two population distributions labeled A and B. Distribution A is highly skewed and nonnormal, while distribution B is slightly skewed and near normal. I

PLS HELP Find the value of x. * A and B are midpoints.

Which statement is true about DNA? Group of answer choices . DNA contains genes that hold specific traits for an organism. Organisms create their own DNA sequen

A carton holds 24 packets of biscuits. Each packet has 12 biscuits. How many biscuits can be packed in 45 cartons?

P , Q, R and S are four points on a circle

Complete the table by choosing the correct food group for each food listed. Select the correct answer from each drop-down menu. Food Food Group 1. queso 2. pesc

What was a result of the changing economy of the North during the mid- 1800s?

Which of the following has more calories? 10 grams of carbohydrate 5 grams of fat 4 grams of protein 15 grams of water