queenali191 queenali191
  • 01-04-2022
  • Mathematics
contestada

Find the balance in the account after the given period
$3000 principal earning 5% compounded annually, 8 years
i really need help im confused

Respuesta :

savannahi13
savannahi13 savannahi13
  • 01-04-2022

Answer:

$1200

Step-by-step explanation:

5% of $3000 = $150

multiply 8 by $150 = $1200

Answer Link

Otras preguntas

A student rounded the size of a park to the nearest thousand acres. Her estimate was 276,000 acres. What number could be the exact number of acres? A 276,543
Which religion in India combines the Muslim belief in one God with the Hindu belief in reincarnation?
How do I write the equation of the line when using (-4,18)?
the difference of 17 and 5 times a number.
accurate estimation of 96-38 a 45 b.50 c.55 d.60
The planet Mercury measures 4,879 kilometers from one side to the other. Earth measures 12,756 kilometers from one side to the other. What is the difference b
What is 12. 6 more than twice m algebraic expression
What is three ratios equivalent to 18:4
What is 12. 6 more than twice m algebraic expression
WHAT SEPARATES JAPAN AND THE MAINLAND OF ASIA ?