chenique95 chenique95
  • 25-03-2022
  • Mathematics
contestada

Anthony deposits $800 into a savings account that carns 3.5% interest annually.

Respuesta :

isalep93 isalep93
  • 25-03-2022

after 1 year he will get : 800 + 800 x 3,5% = 800 x 1,035 = $828

after 2 years he will get : 828 x 1,035 = 800 x 1,035 x 1,035 = 800 x 1,035²

so

after n years he will get : 800 x 1,035ⁿ

Answer Link
skyedavise1
skyedavise1 skyedavise1
  • 25-03-2022

Answer:

Step-by-step explanation:

800 x 1,035ⁿ

Answer Link

Otras preguntas

What was a concern of the Queen Isabella of Spain about the voyage of Columbus
Suppose there are 50,000 deer in a forest and the growth factor for the population is 1.2 per year. Write an equation you could use to find the deer population
What does hankenstien mean
If jobs arrive every 15 seconds on average, what is the probability of waiting at most 30 seconds?
What is a sentences for gravitational potential energy
Why does my body feel numb and now I have headache,chills, and my eyes hurt?
The width of a rectangle is 3 units less than the length. The area of the rectangle is 4 units. What is the length, in units, of the rectangle?
90 points!!! How did electricity help with urban development?
Photosynthesis occurs inside of which organelle
height=15 ft ; radius=10 ft what’s the volume?