monicacole436 monicacole436
  • 22-09-2020
  • Mathematics
contestada

A certificate of deposit has $10,000.00 and the bank pays 2.89% interest compounded monthly.

After 5 years, what is the account balance?

Respuesta :

powers39720
powers39720 powers39720
  • 22-09-2020

Answer:

17340

Step-by-step explanation:

10,000 * 2.89%

289 * 12

3468 * 5

17340.

Answer Link

Otras preguntas

Latoya has 25 pounds bag of potting soil. She puts 3 pounds of potting soil in each f flowers. The amount of potting soil that remains can be represented by the
Enter your answer as a decimal. Round ONLY your final answer to the nearest tenth.
Christopher had 3 1/2 pies left over from the party. He qually divided the 3 and 1/2 pies between 4 of his friends. How much did each friend receive?
Which step should occur after you have pumped the tube with air? A) Pump more air back into the tube B) Twist the rest of the tube into the tire C) Place the
what kind of check does a governor have on a state legislature
A 2,493-kg car is moving down a road with a slope (grade of 14% at a constant speed of 13 m/s. what is the direction and magnitude of the frictional force? (def
What is the name of the triangle in which none of the sides have the same length?
Look at the diagram and think about the article. Which fits best in the empty circle?
which of the following expression is not equivalent 1/25
Read the statement given below and choose which of the following arguments proves that the statement is false. If a decimal is non-terminating, then it is irrat