dannyanderson6623
dannyanderson6623 dannyanderson6623
  • 03-05-2017
  • Mathematics
contestada

328 dollars invested at 5% for 3 years

Respuesta :

mreijepatmat
mreijepatmat mreijepatmat
  • 03-05-2017
1) if it's a normal interest it gives a yearly interest of 328x0.05 =$16.4 /yearly


2) if it's a compound interest ,the final total amount will be :

 A = 328(1+0.05)³ = $379.701

the interest gained ==> 379.701-328 =51.701
Answer Link

Otras preguntas

ASAp Combine like terms. 9p + 12 + 7p – 3
What is the domain of f?
What is left behind after a star with four or more stellar masses has died?
1. How are fossil fuels related to nuclear fusion?
4. The BEST synonym for the word pilgrimage would be a. Vacation b. Career c. Mission d. Life
if 4 + 8=12, and 12 =17-5 then 4+8=17-5 is it equality or congruence
50 POINTS According to the map on p. 635 (The New Imperialism in Africa, c. 1914), France controlled present-day countries of the continent? Question 3 options:
What is the common ratio? 3, -6, 12, -24, ...?
how is thermal energy apart of weather changing
I need to determine wether the relationships linear and if so I have to find the constant rate . PLS HELP