Mathematics

16 March, 23:15

Mr. Evans deposited $1,200 in a new account at his bank. The bank pays 8% interest compounded annually on this account. Mr. Evans makes no additional deposits or withdrawals. How much money will the account have at the end of 8 years?

+4

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “Mr. Evans deposited $1,200 in a new account at his bank. The bank pays 8% interest compounded annually on this account. Mr. Evans makes no ...” 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

A high school athletic department bought 40 soccer uniforms at a cost of 3,000$. after soccer season the returned some of the uniforms but only received 40$ per uniform.

Quick what's 13 x 9!

Find 2/3 of 63 ?

What are the factors of the quadratic function graphed below?

3/16 + 1/8 + 1/4 = ? Simple math let's see who answers it right!

New Questions in Mathematics

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.

Fill in the missing terms of the following sequence 12,_,_, - 3, _, - 13

Factor out coefficient of 3/8d+3/4

Terrance trains at a rate of 6 miles every half hour and Jesse trains at a rate of 2 miles every 15 minutes

Find the magnitude of the vector from the origin to (8. - 6) and write the vector as the sum of unit vectors. 1. 12, 87 + 67 c. 12. 87-67