vamplife9441 vamplife9441
  • 04-05-2022
  • Mathematics
contestada

Tiana deposited $60 in an account earning 10% interest compounded annually. To the nearest cent, how much will she have in 3 years?

Respuesta :

lolboburnham lolboburnham
  • 16-05-2022

Answer:Go look Under.... You think u smart.....

Step-by-step explanation:

Write the rate as a decimal.

10%=0.10

Calculate the balance.

B= p(1+r)^t

= $60(1+0.10)^3

= $60(1.10)^3

= $60(1.331)^3

= $79.86

The balance will be $79.86

Answer Link

Otras preguntas

Soviet Union expanded into what two countries in 1939 a) Poland and Finland b) Ukraine and Belarus c) Ukraine and Poland d) Finland and Belarus T/F
Another question I need help with: Solve the equation. Round the solutions to the nearest hundredth. 4(x+5)²=32
write 5 7/8 as an improper fraction
Which economic system has become associated with authoritarian governments and total control of the economy? capitalism mercantilism communism socialism barter
1kg of cheese is 5.60 how much is 200g
Marguerite made the table to compare to a metric measures of l
Why do scientists study the Iceman's clothing tools and body
what is a 4 sided shape called?
In what ways did the Federal government finally try to help stem the tide of the Great Depression?
a chef prepared five chocolate tortes for a dinner party. the guest consumed 2 5/16 tortes. how many tortes are left?