isabellafortner4
isabellafortner4 isabellafortner4
  • 03-11-2020
  • Mathematics
contestada

An amount of $2,535.00 is deposited in a bank paying annual interest rate of 5.3% compounded quarterly find the balance after 3 years

An amount of 253500 is deposited in a bank paying annual interest rate of 53 compounded quarterly find the balance after 3 years class=

Respuesta :

felixa4389 felixa4389
  • 03-11-2020
5.3% of $2,535.00 = $134.35

$134.35 per year x 3 years = $406.05

$2,535.00 + $406.05 = $2,941.05

Answer : $2,941.05
Answer Link

Otras preguntas

What's bigger 2/3 or 4/5
36 is what percent of 40
What is a equivalent ratio to 12/18
No-Freeze antifreeze mixture contains 30% alcohol. How much alcohol is there in 15 quarts of No-Freeze?
What is the fraction 36/80 expressed in lowest terms?
5x70= 5 x_____tens = ______tens =______? Use place value to find the product.
long division 37 divided by 158
It takes Juwan exactly 35 minutes by car to get to his grandmother's the nearest parking area is 4 minute walk from her apartment. One week, he realized that
Can I get step by step explanation for how to get the equation 5x+15+5y=10x into function form for graphing
Supply either a synonym(S) or an antonyms(A) for each of the words below: multiple, to love, powerful, greediness, to dwell, internal, inside, helpful, to start