Mathematics, 19.03.2020 01:39 kitttimothy55

You are saving to buy a car in 5 years. You invest $1,000 into a savings account with a 2.5% annual interest rate that compounds monthly. Each month, you add $150. How much will you have saved after 5 years?

a. about $9,000

b. about $10,00

c. about $10,500

Answers: 2

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 14:30, mfweldon64

The floor plan of a room has a scale of 2.5 in.: 35 ft. in the drawing, the length of the room is 8 in. and the width of the room is 6 in. what is the perimeter of the actual room?

Answers: 3

continue

Mathematics, 21.06.2019 16:30, lilrel8602

Karen is financing $291,875 to purchase a house. she obtained a 15/5 balloon mortgage at 5.35%. what will her balloon payment be? a. $220,089.34 b. $219,112.46 c. $246,181.39 d. $230,834.98

Answers: 2

continue

Mathematics, 21.06.2019 18:00, ddavid9361

Li buys supplies so he can make and sell key chains. he begins to make a profit only after he sells 4 key chains. what point on the graph makes the most sense in this situation?

Answers: 2

continue

Mathematics, 21.06.2019 18:50, cmaya

Standard deviation of 19,29,21,22,23

Answers: 1

continue

You know the right answer?

You are saving to buy a car in 5 years. You invest $1,000 into a savings account with a 2.5% annual...