aguilarNico aguilarNico

13-03-2021
Mathematics

contestada

What is the future value for a savings account that had $825 deposited in it for 10 years. The
interest is compound interest at a rate of 4% quarterly.

Respuesta :

donea410 donea410

13-03-2021

Answer:

The answer is 2145$

Step-by-step explanation:

825×0.04=33

Once every quarter of a year means the number of years × 4 = 10×4=40

So

33×40 =1320$

1320+825=2145$

Answer Link

Otras preguntas

Evaluate tan45° --------- cos45° 0.7071 1.0000 1.4142

Evaluate the surface integral S F · dS for the given vector field F and the oriented surface S. In other words, find the flux of F across S. For closed surfaces

Courtney insisted her husband to see a doctor. She suspected that he had a sinus problem. He would snore loudly as well as fall silent several times in bed whil

Fifty-year-old Marvin is a very successful businessman who exhibits all the classic signs of the Type A behavior pattern. He has suffered coronary problems for

Which statement is true

In what type of immunity will the defenses be triggered and react in the same manner, regardless of the organism invading

An experiment consists of tossing 7 fair (not weighted) coins, except one of the 7 coins has a head on both sides. Compute the probability of obtaining exactl

Which statement about older people's emotional states is false? a. They tend to focus more on happy than sad events. b. They perform worse at emotion management

A graduate student is studying a population of bluebonnets along a roadside. The plants in this population are genetically variable. She counts the seeds produc

Which personality tests rely on the interpretation of inkblots to understand personality? a. MMPI-2 b. TAT c. 16PF d. Rorschach