lunalove4433 lunalove4433
  • 14-05-2021
  • Mathematics
contestada

Suppose you invest $9270 at an annual interest rate of 5.3% compounded continuously.

How much will you have in the account after 34 years?

Respuesta :

aleikebanks aleikebanks
  • 14-05-2021

Answer:

$54659.21

Step-by-step explanation:

By using the formula of 9270 * (1.053)^34 I can find the annual compound interest.. I reccomend using a calculator.

Answer Link

Otras preguntas

Write 240 and 1500 as products of their prime factor
what happens when the Federal Reserve puts money into the banking system
How is Brutus's internal conflict in the play resolved? (From Julius Caesar By Shakespeare)
A rectangular patio is 6 1/2 yards long and 5 1/4 yards wide. What is the area of the patio
2. Why do you think the plague has been such a problem in the past? What effects has the plague had?
what was the greatest achievement of augustus
How are the characteristics of nationalism and revolution related?
There are many different genres of fiction, each with its own distinct characteristics. Examples of genres include detective fiction, science fiction, historica
Which of the following ethnic groups wanted a separate nation-state of their own? The Jains The Sikhs The Buddhists The hindus
which best describe the author purpose for using a metaphor