diegomtz9212 diegomtz9212

24-01-2021
Mathematics

contestada

If $3,000 is invested at an interest rate of 1.8%, compounded hourly for two years, what is the ending balance?

Respuesta :

cwrw238 cwrw238

24-01-2021

Answer:

$3109.97.

Step-by-step explanation:

Number of hours in a year = 365*24 = 8760 hours

Balance = 3000(1 + 0.018/8760)^(2*8760)

= 3109.967.

Answer Link

Otras preguntas

What is the point-slope form of a line that has a slope of 3 and passes through point (1, 4)?

Describe Brian's second attempt at retrieving the hatchet.

System of equations y = x² + 2x + 7 6x=y=3

How did the political impacts of the Great Depression differ in the United States and in Germany?

Please help me smart peeps Determine if the two triangles below are similar and state how you know.

A can of coke which is 12.0ml and is at a temperature of 18.0°C is placed into a refrigerator freezer. The can was accidently left over night and the temperatur

hello i need help with this!!

A coin is flipped, and a number cube is rolled. What is the probability of getting heads on the coin and a number greater than 5 on the number cube?HELPPP

Please help due tomorrow What transformations could have been used to map ABCE onto A’B’C’D’E?

_______ is classified as a Schedule-III controlled substance. Question 21 options: Methamphetamine Testosterone Oxycodone Zolpidem