cynthiayaxcal cynthiayaxcal

09-01-2021
Mathematics

contestada

What is the compound interest on investing $600 for 3 years at 7% per annum?

Respuesta :

ArmyNim ArmyNim

09-01-2021

Answer:

About $735.03

Step-by-step explanation:

The compound interest formula is A=P(1+r/n)^nt

P is the original amount (principal)

r is the rate

n is the number of times compounded (1 for this one since it is annual)

and t is the time compounded

Answer Link

Otras preguntas

jack has 100 football cards that he wants to put in a photo album. Each page in the album will hold eight cards. How many pages in the album will have cards o

What did the Framers want to achieve by establishing the principle of federalism in the Constitution? distribution of state and national powers expansion of t

Which of the following was a product exported by the Olmec, is closely associated with their name, and lends strength to the argument that they were the origina

A change in the genetic code of an organism is called ?

What is (-7x + 1) + (-x + 2)

A sentence that uses the words impudence and derision

Which organelle is abundant in cells that require a lot of energy?

How is the human body organized from smallest to largest structure

The strongest voice in shaping foreign policy belongs to __________. Congress the State Department the armed forces the president

What is two expressions where the solution is 19