Porter deposited $90 in a savings account earning 5% interest, compounded annually.
To the nearest cent, how much will he have in 1 year?
Use the formula B = P (1 + r), where B is the balance (final amount), p is the principal (starting
amount), r is the interest rate expressed as a decimal, and t is the time in years.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Porter deposited $90 in a savings account earning 5% interest, compounded annually. To the nearest cent, how much will he have in 1 year? ...” 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
Kathleen can walk 5 miles 55 minutes. Jeff can walk 3 miles in 45 minutes. Which statement is true about how fast Kathleen and Jeff walk?
Answers (1)
Fine the two consecutive whole numbers the square root is between: √ (26) & √ (60)
Answers (1)
Write a quadratic function representing the area of a rectangle with a perimeter of 200 feet
Answers (1)
Solve the system by subsitutuon || x - 3y = - 18 5x - 3y = 6
Answers (2)
A peach has 85 calories. It has w calories more than an orange. Write an expression for the number of calories in an orange. "MUST show work"
Answers (1)
New Questions in Mathematics
Isaac finished 8 out of 10 homework problems Phil has finished 3/5, Who finished the most? How many more do he do?
Answers (2)
How many degreese are in 1/9 angle
Answers (1)
Because he has to drive on his job, Jaime is paid $.50 per mile to cover transportation costs. In addition, he earns $560 a week. His company can't afford to pay him more than $800 a week, so his paycheck must be less than $800.
Answers (1)
Evaluate negative 121 over 11
Answers (1)
Whats the answer for (9x - 6)
Answers (1)