Mathematics

20 April, 11:18

A. You have deposited $400 in a simple interest savings account, which pays three percent interest annually. Find the amount of interest for zero, 5, 10, 15, and 20 years.

# years. |

$Savings |

You have deposited the other $400 in a savings account, which pays three percent interest compounded quarterly. Find the amount in the account for zero, 5, 10, 15, and 20 years, using the compound interest formula

Fill in the table.

#years

$Savings

+5

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “A. You have deposited $400 in a simple interest savings account, which pays three percent interest annually. Find the amount of interest ...” 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

The yearly sales of candles decreased from 560 to 476. By what percentage did the candle sales decrease?

What is the theoretical probability of getting heads? That's it nothing else just heads ... is it like 50/50 shot? Or 1/2?

All movies until 4:00 p. m require a discount ticket, and all movies after 4:00 p. m require a regular-price ticket. Each theater at the movieplex seats 98 people. What is the least number of showings the theater could have shown after 4:00 p.

What is the value of z in the triangle? Enter your answer in the box. Round your final answer to the nearest hundredth. z = in. A right triangle. One angle measures 37 degrees. The side adjacent to the 37-degree angle measures 10 inches.

The quotient of a number and 8 is greater than 5

New Questions in Mathematics

Match the type of loan to its correct purpose. 1. a loan used to pay for educational expenses, such as college tuition, books, and housing small-business loan 2. a loan used to purchase a new or used car student loan 3.

An item sells for 2 for 66 cents. What would 5 items sell for?

What is true about the completly simplified difference of the polynomials 6x^6-x^3y^4-5xy^5 and 4x^5y+2x^3y^4+5xy^5 •the difference has 3 terms and a degree of 6 •the difference has 4 terms and a degree of 6 •the difference has 3 terms and a degree

Six sandwiches are being divided evenly by 4 friends. how many sandwiches will each friend get.

If lines are parallel, their intersection forms a right angle. TRUE FALSE