ivyheathers ivyheathers

01-08-2021
Mathematics

contestada

carol invests $6250 at a rate of 2% per year compound interest.
calculate the total amount Carol has after 3 Years

Respuesta :

Аноним Аноним

01-08-2021

Answer:

6632.55

Step-by-step explanation:

P=A*(1+r/100)^x

P=6250*(1+2/100)^3

P=6632.55

Answer Link

02-08-2021

Answer:

$6632.55

Step-by-step explanation:

→ Find the multiplier

( 100 + 2 ) ÷ 100 = 1.02

→ Multiply the investment by the multiplier to the power of years

6250 × ( 1.02 )³ = 6632.55

Answer Link

Otras preguntas

geometry question help

I need help with 4 please someone explain

Choose the best term from the box. 1._______ name the same amount 2. A ________ is a common multiple of two or more denominarators. Vocabulary common denominara

In a class of 25 students, 13 are taking German and 11 are taking Spanish. Four students are taking both courses. How many students are not enrolled in either c

what is biological difference

Will a dilation with a scale factor of 1/2 create an enlargement or a reduction? (A.) enlargement (B.) reduction (C.) figures will stay the same

what were the three different land policies that Georgia used to attempt to equitably distribute land to its population

Answer these questions please

309 students went on a field trip. Five buses were filled and 29 students traveled by car. How many students were in each bus?

what is radioactivity