subject
Mathematics, 03.12.2020 20:10 Khalifasmart21

Akira puts $1,000.00 into an account to use for school expenses. The account earns 5% interest, compounded annually. How much will be in the account after 7 years?
nt
- P(1 + )
Use the formula A = P 1 + where A is the balance (final amount), P is the principal
(starting amount), r is the interest rate expressed as a decimal, n is the number of times per
year that the interest is compounded, and t is the time in years.
Round your answer to the nearest cent.

ansver
Answers: 3

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 20:30, neariah24
Aswimming pool had 2.5 million liters of water in it. some water evaporated, and then the pool only had 22 million liters of water in it. what percent of the water evaporated?
Answers: 2
image
Mathematics, 21.06.2019 23:30, kaeakal
How do you write 600 as a product of its prime factors (index! )
Answers: 1
image
Mathematics, 21.06.2019 23:40, u8p4
Find the amplitude of a sinusoidal function that models this temperature variation
Answers: 2
image
Mathematics, 22.06.2019 00:00, vvaallww
Solve 17= -13 - 8x and show your work.
Answers: 1
You know the right answer?
Akira puts $1,000.00 into an account to use for school expenses. The account earns 5% interest, com...

Questions in other subjects:

Konu
Mathematics, 16.09.2020 22:01
Konu
English, 16.09.2020 22:01
Konu
Mathematics, 16.09.2020 22:01
Konu
Mathematics, 16.09.2020 22:01
Konu
English, 16.09.2020 22:01
Konu
Mathematics, 16.09.2020 22:01
Konu
Social Studies, 16.09.2020 22:01
Konu
Health, 16.09.2020 22:01
Konu
Mathematics, 16.09.2020 22:01
Konu
Mathematics, 16.09.2020 22:01