Mathematics, 19.08.2021 03:50 berniceallonce22
Reese made a deposit of $1151.00 into a bank account that earns interest at 5.4% compounded monthly. The deposit earns interest at that rate for four years.
(round all intermediate values to 6 decimal places as needed, and round the final answer to the nearest cent as needed).
(a) Find the balance of the account at the end of the period.
b) How much interest is earned?
c) What is the effective rate of interest?
Answers: 3
Another question on Mathematics
Mathematics, 20.06.2019 18:02
Anew fountain in the shape of a hexagon will have 6 sides of equal length. on a scale drawing, the coordinates of the vertices of the fountain are: (7.5,5), (11.5,2), (7.5,−1), (2.5,−1), (−1.5,2), and (2.5,5). how long is each side of the fountain?
Answers: 3
Mathematics, 21.06.2019 18:30
The base of a triangle exceeds the height by 9 inches. if the area is 180 square inches, find the length of the base and the height of the triangle.
Answers: 1
Mathematics, 21.06.2019 20:30
What is 1/3x5 on anuber line what does it look like on a number line
Answers: 3
You know the right answer?
Reese made a deposit of $1151.00 into a bank account that earns interest at 5.4% compounded monthly....
Questions
Mathematics, 25.06.2019 09:10
Mathematics, 25.06.2019 09:10
Mathematics, 25.06.2019 09:10
Mathematics, 25.06.2019 09:10
