shaunafaith79
shaunafaith79 shaunafaith79
  • 13-02-2019
  • Mathematics
contestada

If you deposit $750 into a bank account that pays 1.75% interest compounded continuously, how much will be in the account after 5 years?

Respuesta :

irelandsoutherlandis
irelandsoutherlandis irelandsoutherlandis
  • 13-02-2019

Answer:

One it depends on when the interest  when it gains

Step-by-step explanation:

in the 5 years in it each year it gains 13.125

13.12*5= your answer 65.6+750=815.6

Answer Link

Otras preguntas

Can you use the Distributive Property to write the formula P = ( 2 x l ) + ( 2 x w ) another way? Explain.
A single, six-sided die is rolled. Find the probability of rolling an odd number or a number less than 4.​
Which scenario best illustrates the principle of popular sovereighty?
To protect endangered species from becoming extinct, it’s highly recommended to raise the animals in protected areas such as zoos and wildlife sanctuaries. Alth
A projectile is shot horizontally at 23.4 m/s from the roof of a building 55.0 m tall. (a) Determine the time necessary for the projectile to reach the ground b
Help answer this please
What is the common ratio between successive terms in the sequence? 2, 4, 8, — 16, 32, 64, ... оооо ©о
Which Sentence is written Correctly?A. It's too bad its raining; I wanted too go for a swim.B. It's too bad it's raining; I wanted to go for a swim.C. It's to b
Why did the United States become involved in the Korean and Vietnam Wars? The United States wanted to control all of Korea. The United States wanted to prevent
Define iambic pentameter