subject
Mathematics, 11.05.2021 21:00 croxy0514

Amount of $5,000 was deposited in an account paying 3 % annual rate of interest.
(a) Determine the amount in the account after 10 years if the interest is compounded quarterly.
(b) With the same rate of interest, how long will it take for the investment to double if the interest is compounded continuously.
Round your answer to the nearest whole number)

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 22.06.2019 01:00
Find the rate of change for the situation.you run 7 miles in one hour and 21 miles in three hours.
Answers: 1
question
Mathematics, 22.06.2019 02:00
The price of a lawn mower is x dollars. the store is having a 75% end of summer clearance sale. which expression can be used to find the clearance price of the mower? a) .25x b) .75x c) x - .25(75) d) x + .25(75)
Answers: 3
question
Mathematics, 22.06.2019 03:40
Which is the graph of linear inequality 2y > x – 2? image for option 1 image for option 2 image for option 3 image for option 4
Answers: 3
question
Mathematics, 22.06.2019 06:40
The following graph of f(x)=x^2 has been shifted into the form f(x)=(x-h)^2+k
Answers: 3
You know the right answer?
Amount of $5,000 was deposited in an account paying 3 % annual rate of interest.
(a) Determi...
Questions