makki2959 makki2959

03-05-2018
Mathematics

contestada

you deposit $400 in a saving account with an annual rate of 4%. At this rate how much money will you have after 10 years?

Respuesta :

pandageek103 pandageek103

05-05-2018

Use the equation y = A(1 + r) ^t

A = original amount
r = rate of interest
t = time

Plug in the numbers: y = 400(1.04)^10

y = $592.10

Answer Link

Otras preguntas

What is the name of the Vice President of the United States now?

What is one promise you make when you become a United States citizen?

When lithium reacts with bromine to form the compound LiBr each lithium atom (1) gains one electron and becomes a negatively charged ion (2) gains three electro

Who was President during World War I?

Who is the “Father of Our Country”?

Convert 7.0055 into a mixed number in simplest form?

What is the name of the President of the United States now?

What ocean is on the West Coast of the United States?

Which clement is a liquid at STP? (1) bromine (3) francium (2) cesium (4) iodine

Given the balanced equation representing a reaction: O2 --> O + O What occurs during this reaction? (1) Energy is absorbed as bonds are brok