Register
Carson invested $850 in an account paying an interest rate of 5.7% compounded daily. Assuming no deposits or withdrawals are made, how much money, to the nearest dollar, would be in the account after 6
212k views
2 votes
Carson invested $850 in an account paying an interest rate of 5.7% compounded

daily. Assuming no deposits or withdrawals are made, how much money, to the
nearest dollar, would be in the account after 6 years?

User Beebe
by
6.7k points

2 Answers

3 votes

Answer:

$850×5.7/100=48.45

850+48.45=898.45

898

User Luca Rossi
by
7.8k points
4 votes

Answer: 1197

Explanation:

User Couzzi
by
7.3k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.3m questions

10.9m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Write words to match the expression. 24- ( 6+3)
Link Copied!