moniquepotter8 moniquepotter8

20-03-2017
Mathematics

contestada

Dr. Clarence invested $5000 in an account that draws 3.2% interest, compounded annually. What is the total value of the account after 5 years?

Can you please clarify how you get your answer because I solved this to my notes and it said it was wrong.

Respuesta :

Аноним Аноним

20-03-2017

It's simple, you just have to times everything. 5000 x 3.2% x 5 years. After calculating these, 3.2 is as 0.032 so there would be three decimal places. So then it will e 5000 x 0.032 x 5

Answer Link

ACCESS MORE ACCESS MORE ACCESS MORE ACCESS MORE

Otras preguntas

________________________ diagnose, replace, maintain, identify faults with, and repair electrical wiring and computer-based equipment in vehicles.

You see a "no u-turn" sign at the intersection. may you make a u-turn at the intersection if the traffic signals are operating?

A 10-oz bottle of shampoo costs $2.40 and a 12-oz costs $2.64. Find the unit of rate for each. Explain which bottle has the lowest unit cost.

Why is it relatively rare to observe a solar eclipse

Which statement is true? There are a number of chromosomes on a given gene; all of these actively code for proteins. Chromosomes contain many genes; not all ge

jump from a plane 13000 feet above sea level landing in a valley at 120 feet below sea level. open shoot after falling 10500 feet from the plane. How much farth

A total of 294 tickets were sold for the school play. They were either adult tickets or student tickets. The number of student tickets sold was two times the nu

The presence of food in the intestine stimulates intestinal activity but inhibits gastric activity through the:

What was the name of the magazine that nineteenth century middle class women read to learn how to behave like a “true woman?”?

Complete the equation of the line through (3, -1) and (4, 7)