Isaacmusic123 Isaacmusic123
  • 02-04-2016
  • Mathematics
contestada

What is the final balance for the investment? $1000 for 3 years at 6% compounded annually A. $1810.64 B. $4096.00 C. $1060.00 D. $1191.02

Respuesta :

ThrowerGurl2152
ThrowerGurl2152 ThrowerGurl2152
  • 02-04-2016
The equation would be y=1000(1.06)^x, plug a 3 in for x, and you get that the answer is D. $1191.02.
Answer Link

Otras preguntas

what is the number in scientific notation? ​0.0765
Round 0.424 to the nearest hundredth
eduardo has $24 saved. if he saves $8 each week how much money will he have in 5 weeks
what is the number in scientific notation? ​0.0765
What is the structure most responsible for maintaining cell homeostasis?
an atomic mass unit is equal to a. one-half the mass of a hydrogen atom. b. one-fourth the mass of a lithium atom. c. one-twelfth the mass of a carbon-12 atom.
Convert the given time period to​ years, assuming a​ 360-day year. 9 months
All of the following are types of outlines except __________. a. long b. decimal c. full sentence d. alphanumeric
What invention most helped to make the shift to large plantations throughout the Deep South profitable? the textile mill the mechanical reaper the cotton gin th
identify the adverb clause and the word it modifies. mary comes to school unless she is ill.