menu
QAmmunity.org
Login
Register
My account
Edit my Profile
Private messages
My favorites
Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question
Find the amount in an account if $125,000 is invested at 1.08% compounded annually, for 12 years.
asked
Nov 10, 2017
129k
views
3
votes
Find the amount in an account if $125,000 is invested at 1.08% compounded annually, for 12 years.
Mathematics
high-school
Opp
asked
by
Opp
8.8k
points
answer
comment
share this
share
0 Comments
Please
log in
or
register
to add a comment.
Please
log in
or
register
to answer this question.
1
Answer
4
votes
$120,000 is the answer 125000*1.08=135,000 135000-125000=10,000
10,000*12=120,000
Raye
answered
Nov 16, 2017
by
Raye
7.6k
points
ask related question
comment
share this
0 Comments
Please
log in
or
register
to add a comment.
← Prev Question
Next Question →
Related questions
asked
Dec 5, 2024
114k
views
A credit card account that charges interest at the rate of 1.25% per month would have an annually compounded rate of _______ and an APR of _______. Options: a. 16.08%; 15.00% b. 14.55%; 16.08% c. 12.68%;
SilverLight
asked
Dec 5, 2024
by
SilverLight
8.2k
points
Business
high-school
1
answer
3
votes
114k
views
asked
Nov 3, 2022
202k
views
Ashley started a savings account with Chase bank. She initially put in $200 in her account. If she was granted a .08% semi-annually, how much would she have in her account after a year?
SantiagoIT
asked
Nov 3, 2022
by
SantiagoIT
8.9k
points
Mathematics
high-school
1
answer
4
votes
202k
views
asked
Jul 12, 2024
89.5k
views
Using a sample of 100 seeds, the probability that the sample mean germination time is within 0.1995 days of the population mean (22 days) is approximately 8.08% (True/False)
Nick Vanderhoven
asked
Jul 12, 2024
by
Nick Vanderhoven
7.7k
points
Mathematics
high-school
1
answer
2
votes
89.5k
views
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 =
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
Write words to match the expression. 24- ( 6+3)
Twitter
WhatsApp
Facebook
Reddit
LinkedIn
Email
Link Copied!
Copy
Search QAmmunity.org