Mathematics, 25.07.2020 01:01, laurenbreellamerritt
Suppose you deposit a principal amount of p dollars in a bank account that pays
compound interest. If the annual interest rate r (expressed as a decimal) and the bank
makes interest payments n times every year, the amount of money A you would have
after t years is given by:
A = P[1+ (r/n)]"
Find the account balance after 20 years if you started with a deposit of $1000, and the
bank was paying 4% interest compounded quarterly (4 times a year). Round your
answer to the nearest cent.
Answers: 3
Mathematics, 21.06.2019 15:10, morganmsaylor1365
Point a is located at (0, 4), and point c is located at (−3, 5). find the x value for the point b that is located one fourth the distance from point a to point c. −0.25 −0.5 −0.75 −1
Answers: 1
Mathematics, 21.06.2019 20:20, bbyjoker
Recall that the owner of a local health food store recently started a new ad campaign to attract more business and wants to know if average daily sales have increased. historically average daily sales were approximately $2,700. the upper bound of the 95% range of likely sample means for this one-sided test is approximately $2,843.44. if the owner took a random sample of forty-five days and found that daily average sales were now $2,984, what can she conclude at the 95% confidence level?
Answers: 1
Suppose you deposit a principal amount of p dollars in a bank account that pays
compound interest....
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