ayannapeterson456 ayannapeterson456

Today at 3:51 AM
Mathematics

Answered

If you deposit $5000 into an account that pays 3% annual Interest compounded -annually, how much money will you have after 2 years?

Answer :

Thelondonbrain Thelondonbrain

Today at 3:55 AM

Answer:

$5130.84

Step-by-step explanation:

100 + 3 = 103%

103% = 1.013

$5000 x 1.013^2 = $5130.84

Hope this helps!

Answer Link

Other Questions

One pack of sliced cheese weighs 350 grams. How many packages would you need to buy to have at least 1 kilogram of cheese? RIGHT ANSWERS ONLY!!!!!!!

One pack of sliced cheese weighs 350 grams. How many packages would you need to buy to have at least 1 kilogram of cheese? RIGHT ANSWERS ONLY!!!!!!!

Which are steps of mitosis? Select 4 options.prophasemetaphaseinterphaseanaphasetelophase

What central idea does juliet express in this passage from act iv of shakespeare's romeo and juliet?juliet believes that friar laurence may try to kill her. a.

select the correct word form for 444,404 a four hundred forty four thousand four hundred zero tens four b four hundred forty four thousand four hundred four c f

Find the range of the following expression if x belongs to R

Refer to the given frequency distribution below.| Class Inte

2. Bulbs are packed in cartons each containing 40 bulbs, seven hundred cartons wereexamined for defective bulbs and the results are given in the following table

complete the flow chart :- Na ->......-> Al -> Si ->P ->.........-> Cl -> Ar

mi prima Anabel quiere comenzar su emprendimiento de dulces

How would you explain the differences between graphing x > 4 and x ≥ 4 to a peer who missed this lesson?

Make la silla plural A. las sillaes B. las sillas C. los sillas

Read the following description and answer the question below: A talk-radio personality makes a statement blaming society's problems on a certain group of citize

Giving right answer branleist

25 is 55% of what number

In two or three sentences, describe how you would use some of the budgeting tools to help manage your money.

Which right is not mentioned in the U.S. Constitution? A.petition the government B.due process of law C.trial by jury D.privacy

The onion plant began as a single cell with X number of chromosomes. How many chromosomes are in each cell in terms of X?

The nucleic acid DNA is an organic compound. DNA is made up of repeating subunits called . Each DNA molecule consists of long chains of nucleotides. A DNA nucle

The most dangerous aspect of is the addictive affect