Solución
use the appropriate compound interest formula to compute the balance in the account after the stated period of time. 3000 dollars is invested for 19 years with an APR of 5% and monthly compounding. what is the balance after 19 years
Solución
Pasos de solución
Translate the problem into an equation:
Round to the nearest hundredth:
Ejemplos populares
What solid figure has 6 equal faces, 8 vértices, and 12 equal edges? Carlito is x years old now. Write an algebraic equation for his age if his age in 5 years is 17.if joe invests 25000 in saving bank and rat of interest is 35% per hour what is the rate of interest after 3 yearsAngela deposits 1500 into an account with an APR of 3.8% for 8 years. Find the future value of the account if interest is compounded continuously. Round your answer to the nearest hundredth.The The radio of a circle is 11 in. Find its area in terms of pipi.The product of two consecutive odd integers is 99. Find the integers. Answer only with the positive integers. For example, if the integers are 8 and 10, and −8 and −10, answer 8 and 10.