Seudónimo Seudónimo

02-08-2018
Mathematics

contestada

Glenn invested $15,000 at 3% interest compounded annually. How much interest will Glenn earn in 4 years?

Respuesta :

superman100g superman100g

02-08-2018

Glenn will earn $1800 in 4 years because for one year the interest is $450 so in four it would be $1800

Answer Link

choixongdong choixongdong

02-08-2018

Total compounded interest = P(1 + r)^t - P

Total compounded interest = [15,000 (1 + 0.03)^4 ] - 15,000

Total compounded interest = 16,882.63 - 15,000

Total compounded interest = 1,882.63

Answer: $1,882.63

Answer Link

Otras preguntas

Question: (5x-8)/(45x^2--42x-48) A.) 9x - 48 B.) 9x - 23 C.) 9x - 6 D.) 9x + 6

What kind of symmetry does a circle and rectangle have? Point, line, or plane. Select all that apply. PLEASE HELP

How are vitamins differ from other nutrients? A:Vitamins are not important in a balanced diet. B:Vitamins release energy. C:Vitamins release energy from fat, c

what is 5x + 2 + 3x equals ?

Composers during the romantic period used music to express:

Which number should be multiples to obtain 165^2-123^2

(3x2+4x4-4x+x5)+(2x-5x2+4x4+2x5)

Which of these are associated with an active lifestyle? Select the three correct answers. a.High-quality sleepB.Good body compositionC.Mental clarityD.High inte

In what year did the Texas Legislature attempt to restrict the ability of cities to regulate the size of lots?

match each situation to its corresponding expression. PLEASE HELP!