chance989811 chance989811

29-03-2021
Mathematics

contestada

1. An investor deposits $1000 in an account that promises an annual interest rate of 5%,
compounded at the end of each year. How much will be in the account after seven years?

Respuesta :

prestonyouatt prestonyouatt

29-03-2021

Answer:

$1,407.10

Step-by-step explanation:

1000(1.05)^7 = 1.05^7 ≈ 1.40710 * 1000 = $1,407.10

Answer Link

Otras preguntas

LESSON 8 SESSION 4 What is the slope of this line

fighter jets can travel at speeds of 2,500 miles per hour. how far will a fighter jet travel in 30 seconds at that speed?

2+2 hey guys this is just a sample question just give me an answer ASAP just for a friends.

Find the value of x for the following equation: x + 2x +15 = 90

Solve the equation 8- 2x= -8x +14

How have political factions changed since the time of George Washington

Explain how did "remember the titan" movie addresses religious issues and age discrimination?

When the police arrest someone, who has more power? Who loses power?

Why do TV habits vary from country to country ?

Given |x - 4| = 6, explain why when solving this you have to set up two equations. Please also solve the problem.