amazingamy
amazingamy amazingamy
  • 14-02-2018
  • Mathematics
contestada

Find the balance in the account after the given period.

$6,900 deposit earning 3.9% compounded monthly, after 1 year.

Respuesta :

manandhanteja manandhanteja
  • 16-02-2018
FW = PW(1+i)^N
= $6900(1+0.039)^1

solve for FW
(sorry don't have a calculator on me rn)
Answer Link

Otras preguntas

The city council has decided to add a 0.3% tax on motel and hotel rooms. If a traveler spends the night in a motel room that costs 55 before taxes, how much wil
What is the equation of the following line written in slope-intercept form? y = x - 13/3 y = x - 13/3 y = -x - 13/3
Jenny is taking a two part exam. She wants a combined score of 85 points. On part one of the exam she scored 47 points. Using the variable P to represent the nu
What is the equation of the following line written in slope-intercept form? y = x - 13/3 y = x - 13/3 y = -x - 13/3
Which law did Congress pass in 1906 to require that food and drugs be labeled correctly? A. the Interstate Commerce Act B. the Pure Food and Drug Act C.
Please help with math
write a real world problem that can be modeled by 4 × (-7)
If three tenths of the bowling pins were up, what fraction of the bowling pins would be down?
Which graph represents the rational function f(x)=x^2-16/x^2-2x-8?
What does it mean for a substance to have a high reactivity?