selenadegray19 selenadegray19

13-04-2021
Mathematics

contestada

$16,000 is invested for 3 years with an APR of 3% and daily compounding. The balance in the account after 3 years is

Respuesta :

yongren00 yongren00

13-04-2021

Answer:

$17,440

Step-by-step explanation:

the interest every year

=$16,000×3%

=$16,000×3/100

=$480

the balance after 3 years

=$16,000+3($480)

=$16,000+$1,440

=$17,440

Answer Link

Otras preguntas

between what pair of numbers is the product of 289 and 7

What are the reasons for and the goals of the United Nations

Which question does the Prologue in Romeo and Juliet answer for viewers? A. What started the feud between the families? B. Will the young lovers live happily ev

Zeno is walking in a straight line. With each step, he covers half the remaining distance between him and the end of his path, which is a total of 8 feet. After

Which words describe the sets of plays during Shakespeare's day? A. shabby, ugly B. expensive, elaborate C. elegant, graceful D. spare, simple

A number cube is Rolled 80 times and a 3 results fifteen times. what is the experimental probability of rolling a 3

50 decreased by twice a number

A(n) ____ is the act of or process of arriving at a conclusion from facts or a premise. premise inference implication

which feature of the United states constitution was included to address the concern expressed by James madison

What was the relationship between the Reformation and the printing press? A. The new availability of printed books made the Reformation spread quickly. B. Marti