A deposit of $500 is made in a savings account that pays 6% interest compounded annually. If no withdrawals or additional deposits are made, what will be the value of the account after 1 year? (Hint: Use I = prt.)
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A deposit of $500 is made in a savings account that pays 6% interest compounded annually. If no withdrawals or additional deposits are ...” 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
Macy is making a border out of strips of wall boarder placed end to end along the 12-foot wall in her room. Each strip is foot long. How many strips of wall border will Macy need?
Answers (1)
A percent is a fraction whose denominator is 100 is it sometimes, always or never
Answers (1)
Degree of each monomial in 7m^6n^5
Answers (1)
What is 10+9? People said it's 21 is it true?
Answers (2)
What is 28% of 95?
Answers (1)
New Questions in Mathematics
What Is the equation of a line with a slope of - 8 and y-intercept of 5
Answers (1)
Find the area of a rectangle whose length is 8 and breath is 3
Answers (1)
A medical researcher is working on a new treatment for a certain type of cancer. The average survival time after diagnosis on the standard treatment is two years.
Answers (1)
Fill in the missing terms of the following sequence 12,_,_, - 3, _, - 13
Answers (2)
Factor out coefficient of 3/8d+3/4
Answers (1)