You want to save for a brand-new car. You put the $5,000 your Grandma gave you when you graduated in an account that pays 6% interest and is compounded monthly. How much will you have at the end of five years? Hint: use Compound Interest formula A = P (1 + r/n) nt.
Answers (2)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “You want to save for a brand-new car. You put the $5,000 your Grandma gave you when you graduated in an account that pays 6% interest and ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
On the first day of the year, you have $700 in your bank account. you spend $35 per week. your friend starts the year with $450 in his bank account. he saves $15 per week.
Answers (2)
Evaluate - 4x+y when x=5/4 and y=1/5. Write your answer as a mixed number in simplest form. When x=5/4 and y=1/5, - 4x+y = * blank* .
Answers (1)
What is the value of x? 40 50 100 160
Answers (1)
What is the term in this problem, 5h + 9
Answers (1)
What quadrilateral has the same attributes as a rectangle
Answers (1)
New Questions in Mathematics
9. We measure time in hours. Suppose 12 noon is represented by the integer 0. a) Which integer represents 1 P. M. the same day? b) Which integer represents 10 A. M.
Answers (1)
A cube has a surface area of 294 square cm. Find the length of one side.
Answers (1)
What is 3/16 as decimal
Answers (1)
8x^2 - 2x = 1 quadratic simplification
Answers (1)
X:y=6 what's x and y
Answers (2)