sargsyan0607 sargsyan0607
  • 03-03-2021
  • Mathematics
contestada

How much money would be in an account after 20 years if you deposited $5000 in a mutual fund
which compounds interests 5% annually?

Respuesta :

s355841
s355841 s355841
  • 03-03-2021

Answer:

$5130.84  

Step-by-step explanation:

100 + 3 = 103%

103% = 1.013

$5000 x 1.013^2 = $5130.84

Hope this helps biiiieeee

Answer Link

Otras preguntas

(a)Find the sum of the series 3 + 6 + 11 + ...,to n terms​
What is the length of the hypotenuse of the triangle? Write your answer as an exact answer. A)11 B)65 C)57 D)22
Which of the following parties has no responsibility for workplace safety in a hospital? A. The government B. Employees O C. Employers O D. Patients SUBM​
if an amoeba had a cell like a plant cell, it would not be able to move or feed in the way it does. explain Why?​
If you were going to lay carpet in a rectangular room that had dimensions 10ft by 13ft, how much carpet would you need to buy?
Helpp please 15 minutes left​
A city council consists of seven Democrats and five Republicans. If a committee of four people is selected, find the probability selecting two Democrats and tw
Ok so if you like if you make horrible grades only during one school year, and the rest of the years you make decent grades, can you make it into college?
thanks for any help :)
Which is larger 3/10 or 0.25