kaylabluck kaylabluck

08-06-2018
Mathematics

contestada

find the balance in the account after the given period. $3500 deposit earning 6.75% compounded monthly after 6 years

Respuesta :

TheBusinessMan TheBusinessMan

08-06-2018

A = P (1 + r/n)^nt

r = interest rate
n = number of times compounded
t = number of years

A = 3500 (1 + .0675/12)^12*6

A = 5241.60
Hope this helps!

Answer Link

Otras preguntas

A population of 200 mice contains 168 brown mice. Brown is dominant to gray. How much of the population would be h o m o z y g o u s dominant? A. 84% B. 36% C.

How many values are in the range? 0 to 50

By selling 20 oranges for#1.35 a trader makes a profit of 8% what is the percentage gain or loss if he sells the same 20 oranges for#1.10?

What is the area of the sector of the circle below, if the radius is 5 m. and the central angle < AOB measures 88 °. (round answer to the nearest tenth)

the number 4,928 will be rounded to the nearest hundred what is the test digit

what is big data life cycle?

If shay has 2 apple and gets 3 more She have she how many apples cloes.

QUESTION 3 The probability that it will rain on a given day is 63%. A child has a 12% chance of falling in dry weather and is three times as likely to fall in w

Please help me with the question below 5 points each pls explain as well or I'll report you thanks :)

Please help me with the question below 5 points each pls explain as well or I'll report you thanks :)