makki2959 makki2959
  • 03-05-2018
  • Mathematics
contestada

you deposit $400 in a saving account with an annual rate of 4%. At this rate how much money will you have after 10 years?

Respuesta :

pandageek103
pandageek103 pandageek103
  • 05-05-2018
Use the equation y = A(1 + r) ^t 

A = original amount
r = rate of interest
t = time

Plug in the numbers: y = 400(1.04)^10

y = $592.10
Answer Link

Otras preguntas

Should fitness professionals recommend the total elimination of fat from the diet? A. No, but it's recommended that fat intake be limited to 30 percent of dail
What is the Lewis Dot Diagram of gold?
How do you add and subtract integers
how do you say Avery in spanish.
6x3=15+3=18 explain the calculation
a sporting goods store receives a shipment of 124 golf bags. The shipment includes two types of bags, full-sized and collapsible. The full-size bags cost $38.50
_____ are the building blocks of protein. Carbohydrates Lipids Amino acids Nucleic acids
what is 1/6 plus 3/8 all together
Novel pantai kasih... Perbezaan watak utama dengan watak sampingan?? #hope dpt tlg
The feeling of fervent devotion toward one’s nation above all others is known as?