shaniyahc214 shaniyahc214

14-12-2020
Mathematics

contestada

If you deposit $7500 into an account paying 7% annual interest compounded monthly, how
much money will be in the account after 9 years?

Respuesta :

lilygrabczak lilygrabczak

14-12-2020

The answer is 56,700

If you take 7500 and divide it by 100 than multiply by 7 you get 525 and multiply 525 by 12 you get 6,300 than 6,300 multiplied by those 9 years you get 56,700

Answer Link

Otras preguntas

A burst pipe fills a basement with 37 in. of water. A pump empties the water at a rate of 1.5 in./hr. The water level h, in inches, after t hours is represented

My test is due in like 28 minutes! Please answer both questions! write it like this. Example: 1=d and 2=b

The map shows population distribution around the world by nation. Based on the map, which is most likely correct?

Answer below (picture): Suppose the decomposition of nitryl chloride proceeds by the following mechanism: step elementary reaction rate constant (g) (g) (g) (g

plot development as you read act 3 and act 4 of the taming of the shrew, notice events which take place to help develop the plot. identify which part of the plo

A 2.0 kg block is pushed 2.0 m at a constant velocity up a vertical wall by a constant force applied at an angle of 30.0 ◦ with the horizontal, as shown in the

Frank lloyd wrightâ€™s fallingwater house is best described as an example _______. a. of a private residence becoming publicly important b. of modern houses and

In three to five sentences, list the five steps you should take when evaluating evidence in health topics. Explain how these steps can help you make informed de

15 men can reap the rice of 20 hectares of feild in 12 days. How long will it take for 12 men to reap the rice of 30 hectares of feild

An airplane accelerated uniformly from rest at the rate of 5. 0 m/s2 south for 14 s. What final velocity did it attain?.