madmar madmar
  • 09-02-2017
  • Mathematics
contestada

$3,300 principal earning 4% compounded annually after three years you need to find the balance in the account. Thanks:)

Respuesta :

wolf1728
wolf1728 wolf1728
  • 09-02-2017
Total = 3,300 * (1.04)^3
Total = 3,712.05
Answer Link
elementskate1789
elementskate1789 elementskate1789
  • 17-10-2018

Answer:

$3,712.05

Step-by-step explanation:

Using compounding:  

result= 3300*1.04^3= $3,712.05

Answer Link

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