subject
Mathematics, 26.03.2020 01:54 elizabethhubbe

Use the compound interest formula LaTeX: A=P \left( 1+\frac{r}{n} \right)^{nt}A = P ( 1 + r n ) n t to complete this problem.

If you invest $3100 in an account that pays an annual percentage rate (APR) of 4%, and the interest is compounded monthly, what is the total amount of money that you would have at the end of 38 years?

(Round your answer to the nearest hundredth and do not include the dollar sign.)

ansver
Answers: 1

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 21:30, alegora78
He ! a group of farmers planned to clean 80 acres of wheat per day to finish the work on schedule. right before the work started, they received a new piece of machinery that them clean 10 more acres per day than originally planned. as a result of increased productivity in the last day before the deadline they only had to clean 30 acres. how many acres of wheat did the group of farmers have to clean?
Answers: 1
image
Mathematics, 21.06.2019 21:50, edjiejwi
Aline passes through the point (–7, 5) and has a slope of 1/2 which is another point that the line passes through?
Answers: 3
image
Mathematics, 22.06.2019 01:30, Morganwing1019
This graph shows a portion of an odd function. use the graph to complete the table of values. x f(x) −2 −3 −4 −6
Answers: 3
image
Mathematics, 22.06.2019 01:30, memeE15
Find the vertex for the parabola given by the function ƒ(x) = −3x2 − 6x.
Answers: 2
You know the right answer?
Use the compound interest formula LaTeX: A=P \left( 1+\frac{r}{n} \right)^{nt}A = P ( 1 + r n ) n t...

Questions in other subjects:

Konu
Mathematics, 08.04.2021 15:50
Konu
Mathematics, 08.04.2021 15:50