jaazzzc11 jaazzzc11

12-10-2020
Mathematics

contestada

John made a lump sum deposit of $ 6,300 in an account that pays 6.5% per year. Find
the value (maturity value) of his account after 5 years. How much is the interest?

Respuesta :

viaali81381 viaali81381

12-10-2020

Answer: $8,347.50 is the value of his account after five years.

Interest is $409.50 per year.

Total amount of interest paid is $2,047.50.

Answer Link

Otras preguntas

how is salinity measured

What teacher exhibited the most consistent performance over this 5 year span

how did the issue of slavery play a role in the demands to remove the seminoles

simplify the expression 3x²-5x-4+xy-(2xy+2x²) then evaluate the result if x=-1 and y=6

How do do number 6? I don't get it.

Find the break-even point if TC(x) =5x +10000 and R(x) =15x

8x-8=-72 how would I find the answer

Which two structures would provide a positive identification of an animal cell under a microscope? A. lysosome, flagellum B. Golgi apparatus, mitochondrion

Jane has a checkbook balance of $68.00. She then writes two checks one for $5.00 and one for $62.50. She also deposits $75.00 then uses a. Calculator to determ

Which results in a higher prices: a 10% markup followed by a 10% discount or a 10% discount followed by a 10%mark up?