Register
Suppose you invest $1000 in an account paying 8% interest per year. a) What is the balance in the account after 3 years? How much of this balance corresponds to ‘interest on interest’?
92.8k views
4 votes
Suppose you invest $1000 in an account paying 8% interest per year.

a) What is the balance in the account after 3 years? How much of this balance corresponds to ‘interest on interest’?

User Sisir
by
5.4k points

1 Answer

2 votes

Answer:

wasd

Explanation:

User Timespace
by
5.7k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.8m questions

7.6m answers

Other Questions

Solve for y in terms of x. 2/3y - 4 = x y = x + 6 y = -x + 4 y = -x + 6 y = x + 4
Aliyah has $24 to spend on seven pencils. After buying them she had $10. How much did each pencil cost?
Evaluate a + b when a = –16.2 and b = –11.4 A. –27.6 B. –4.8 C. 4.8 D. 27.6
What is the value of x? (-4) - x = 5
Find the quotient of 3,078 ÷ 27. A) 104 B) 109 C) 114 D) 119
Link Copied!