A 4,000.00 principal earns 5% interest, compounded annually. After 4 years, what is the balance in the account?
A. 500,000.00
B. 4,862.03
C. 4,600.00
D. 20,250.00
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A 4,000.00 principal earns 5% interest, compounded annually. After 4 years, what is the balance in the account? A. 500,000.00 B. 4,862.03 ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
What is a second linear equation to create a system that has exactly one solution for 3x+9y=-8
Answers (1)
12x8+4-4=what is the answer?
Answers (2)
If Pablo invests $4200 for 3 years and earns $630, what is the simple interest rate? Pablo's goal is to have $5000 after 4 years. Is it possible with a rate of 6%? Explain.
Answers (1)
How is finding the rate of a table similar to finding the rate of a graph?
Answers (1)
the original price of a scarf was $16. During a store-closing sale, a shopper saved $12 on the scarf. What percentage discount did she receive?
Answers (2)
New Questions in Mathematics
Which expressions are equivalent to 5 x minus 15? Select three options. 5 (x + 15) 5 (x minus 3) 4 x + 3 y minus 15 minus 3 y + x Negative 7 y minus 6 x minus 8 y + x Negative 20 minus 3 x + 5 + 8
Answers (2)
Which statement is true about f (x) = square root x
Answers (1)
Two times the smallest of three consecutives even integers is four more than three times the largest. Find the integers.
Answers (1)
If f (x) = 8x and g (x) = 2X+1 find (fog) (x)
Answers (1)
Write an expression that represents the product of Q and 8:4
Answers (1)