tsukihime tsukihime

02-11-2017
Mathematics

contestada

3. Susan invested $10,000 in an account that earned 3% interest, compounded monthly.
a. Write an exponential growth/decay formula to model the situation.
b. What is the value of this account after 5 years? Express your answer rounded to the nearest cent.

Respuesta :

musiclover10045 musiclover10045

03-11-2017

A) total = 10,000 *(1+0.03/12)^(12*t)

B) t = 5 years

10,000 *(1+0.03/12)^(12*5 ) = $11,616.17

Answer Link

Otras preguntas

The basic building blocks of a protein are what?

Please help meee and Explain why it is ?

PLEASE HELP WILL MARK BRAINLIEST AND GIVE 5.0 STAR RATING

8. Which of the following is the best hypothesis? _______ a. Will fertilizer make my lawn grow more? b. I think that ice cream melts faster than ice. c. If a ba

how are biology and Chemistry are related give any two points or reasons

Change He said to me "You aren't a student ,are you? into indirect speech

Can someone help with a dialogue between a customer and a client about clothes , the color of the piece , and the material and the price in french

Please help me answer number 8 Needed by Sunday

The German war strategy (Schlieffen Plan) in France requiredspeed aid from the British navy superior numbers surprise attack

math algebra class 9