queenali191 queenali191
  • 01-04-2022
  • Mathematics
contestada

Find the balance in the account after the given period
$3000 principal earning 5% compounded annually, 8 years
i really need help im confused

Respuesta :

savannahi13
savannahi13 savannahi13
  • 01-04-2022

Answer:

$1200

Step-by-step explanation:

5% of $3000 = $150

multiply 8 by $150 = $1200

Answer Link

Otras preguntas

Sara buys 2 1/8 pounds of grapes every week for 12 weeks. How many pounds of grapes did Sara buy over the 12 week period?
3.) A student is writing an editorial and wants to revise it so that all claims are supported with logical reasoning and relevant evidence. Read the paragraph f
What is something special about regional climate?
pls help asap I’ll mark BRAINLIEST DONT answer if your not sure, this affects my whole grade
what is the best way to continue these thoughts into one sentence soon after the first real trains appeared
Does the system of equations below have no solution, 1 solution, or infinite solutions = 2 − 1 = 2 + 4
Hi, please help me I need help.
How did the US respond to Mosaddeq attempt to take control of Iran’s oil for themselves?
Please help me I really need to pass this lesson
What is the radius of circle P?