Viktor deposits $4,300 in an account that carns 6% interest compounded monthly.
How much is in the account after five years?

Viktor will have $5,800 in his account after 5 years

Step-by-step explanation:

Compound Interest

It happens when interest in the next period is then earned on the principal sum plus previously accumulated interest.

The formula is:

Where:

A=final amount

P=initial principal balance

r=interest rate

n=number of times interest applied per time period

t=number of time periods elapsed

Viktor deposits P=$4,300 in an account that earns r=6% interest compounded monthly. Since there are 12 months in a year, n=12. The interest rate is converted to decimal: r=6/100=0.06. The final amount in the account after t=5 years is:

Calculating:

A = $5,800

Viktor will have $5,800 in his account after 5 years

the above table 1 will calculate the population size (n) after a certain length of time (t). all you need to do is plug in the initial population number (no), the growth rate (r) and the length of time (t). the constant (e) is already entered into the equation. it stands for the base of the natural logarithms (approximately 2.71828). growth rate (r) and time (t) must be expressed in the same unit of time, such as years, days, hours or minutes. for humans, population growth rate is based on one year. if a population of people grew from 1000 to 1040 in one year, then the percent increase or annual growth rate is 40/1000 x 100 = 4 percent.

step-by-step explanation:

erica would now have 20 bottles of water because 26-6=20.

i hope this : )