trinitymoore18 trinitymoore18

07-06-2018
Mathematics

contestada

3400 dollars is placed in an account with an annual interest rate of 8.25%. How much will be in the account after 25 years, to the nearest cent?

Respuesta :

cchikoo cchikoo

07-06-2018

=3400(1+0.0825/1)^1*25
=3400(1.0825)^25
=3400(7.2560058)
=24670.41

Hope this helps!!!

Answer Link

jsouvall jsouvall

18-12-2020

Answer:

24670.42

Step-by-step explanation:

other answer did incorrect rounding

Answer Link

Otras preguntas

Monomers include a 5-carbon sugar, phosphate group, and nitrogenous base

the nurse is caring for a client with chronic obstructive pulmonary disease (copd). despite various medication regimes, the client’s symptoms are gradually incr

_________ are the most commonly used group of psychoactive drugs in the us and include ___________, which is considered the easiest substance to become addicted

O. Writing Describe a real-life situation in which you would use mental math and the Commutative Property to add decimals.

Many people find Machiavelli’s advice about the need to “have a mind ready to turn itself accordingly as the winds . . . of fortune force it” and the need to “d

4Fe(s) + 302(g) → 2Fe2O3(g) In a certain reaction, 42.9 g of iron is reacted with 27.5 g of oxygen. How many grams of iron(III) oxide are produced in the reacti

Choose the correct polynomial function that would be classified as a cubic trinomial.

The sky at noon is like The sky at dusk is like The sky at night is like

2. Which of the following is usually a benef t of being a member at a credit union? A. Higher interest rates and lower fees B. Lower interest rates and higher f

Marisol is organizing a party for the student council with a $50 budget. the linear function 15x+2y=50 represents the number of pizzas x and the number of bottl