Register
you put $500 un an account that earns 4% annual interest. The interest earned each yesr is sdded to the principal to create a new principal. find the total amount in your account after each year for 3
65.9k views
3 votes
you put $500 un an account that earns 4% annual interest. The interest earned each yesr is sdded to the principal to create a new principal. find the total amount in your account after each year for 3 years.

User Algometrix
by
7.6k points

1 Answer

1 vote
562.43 is what I believe it is but you can double check it by using the equation 500x(.04)^3 I hope this helped
User Bluemarble
by
7.6k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
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
Link Copied!