sargsyan0607 sargsyan0607
  • 03-03-2021
  • Mathematics
contestada

How much money would be in an account after 20 years if you deposited $5000 in a mutual fund
which compounds interests 5% annually?

Respuesta :

s355841
s355841 s355841
  • 03-03-2021

Answer:

$5130.84  

Step-by-step explanation:

100 + 3 = 103%

103% = 1.013

$5000 x 1.013^2 = $5130.84

Hope this helps biiiieeee

Answer Link

Otras preguntas

in the number 13,407.036 there are two 3's. Explain how the values of the 3's are related.
How do you?...Multiply out and simplify 10(2x-1)-20x?
The function of the eardrum in the middle ear is to
What were the major causes of WWII? Please include at least 4 answers.
in the number 13,407.036 there are two 3's. Explain how the values of the 3's are related.
you have a standard deck of 52 cards. you pick one card and then, with out putting the first card back, you pick a second card. what is the probability that bot
how were north american colonies all similar in the 1700s?
how do you write 4540 million in standard form?
how were north american colonies all similar in the 1700s?
what is a high structure part of a church which has 5 letters