firefox8194 firefox8194

11-02-2022
Business

contestada

If you deposit $8,000 in a bank account that pays 3% interest annually, how much will be in your account after 5 years

Respuesta :

11901781 11901781

15-02-2022

Deposit, P = $8000

Interest rate, r = 3%

Period, t = 5 years

Future value = P * (1+r)t

Amount in account after 5 years = 8000 * (1+3%)5 = $ 9274.19

Answer Link

Otras preguntas

identify the subject of the sentence: The lady walks her dog in the park.

What is the measure of angle B?

Enter 2/3 and 3/4 as a pair of fractions with a commen .

What events and circumstances led to the 1787 constitutional convention?

Who wants to play nba 2k20 ps4

How did the Punic Wars affect the Romans?

A 0.60 kg soccer ball at rest is kicked by a player who has a mass of 50.0 kg. The final speed of the soccer ball after being kicked is 10.0 m/s. Find the final

You had a bag of fruit snacks that you shared with 44 friends. Each of you got 175175 or feweror fewer fruit snacks. The inequality x divided by ÷44less than or

In order to understand entry-level job documents, an employee must have strong __________ skills. interpersonal negotiation reading comprehension verbal com

what is another way to say b+9