jaquanpakeera jaquanpakeera
  • 01-05-2020
  • Mathematics
contestada

Mackenzie has $70 in a savings account. The interest rate is 5%, compounded annually.

To the nearest cent, how much will she have in 1 year?

Respuesta :

danilobabaglio
danilobabaglio danilobabaglio
  • 01-05-2020

Answer:

She will have $73.5 in 1 year

Step-by-step explanation:

She has $70 and the interest rate is 5% so we need to add 5% to the initial value

x = $70 + $70 * 5%

5% = 5/100

x = $70 + $70 * 5/100

x = $70 + $3.5

x = $73.5

She will have $73.5 in 1 year

Answer Link

Otras preguntas

just for fundo you believe in a God that is your heavenly father? that there is a heaven in the sky? that God is preparing a place for you for when the world en
4. How many moles of atoms are present in 7 moles of sulfuric acid, H₂SO4? Avogadro's Number: 6.022 X 1023 a) 7 x 6 x 1023 b) 49 c) 21 d) 7
evaluate question 3 only ​
PLEASE ANSWER QUICKLY!!! The figure below is made of 2 rectangular prisms. What is the volume of this figure? 7 cm cubic cm 3 cm 5 cm 3 cm 2 cm
. What characteristics of this Royal Pedigree fit with the expectations for an X-linked, recessive disorder?
convert the following numbers into scientific notation 3,400= 0.000023= 4.50= 1,000,000= 0.00671=
75 POINTS PLEASE RESPOND ASAP Have you ever been swimming in a pool, and your eyes were red when you get out? This means the chemicals in the pool were not adj
Fallacies rely on incorrect conclusions drawn from interpreting evidence. A. True B. False
Please help !!! Suppose there are 29.9 g of butane gas in a barbecue lighter. How many moles of butane gas is that ?
1 Enumere al menos los cinco equipos exclusivos para la pedicura.