Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. garrison deposited $480 in an account that earns 3

Garrison deposited $480 in an account that earns 3% interest compounded annually. How much interest...

70.2K

Verified Solution

Question

Basic Math

image

Garrison deposited $480 in an account that earns 3% interest compounded annually. How much interest will the account earn after 72 months?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

7 Two satellites X and Y revolve in the same circular orbit around the earth...

Physics
Q

Question 19 1 point The A represents the angle an observer must look up from...

Algebra
Q

Question 31 of 35 -/3 View Policies Current Attempt in Progress...

Accounting
Q

Derby University sells 5,600 season basketball tickets at $230 each for its 14-game home schedule....

Accounting
Q

Mercy Inc. uses the Aging of Accounts Receivable method for estimating uncollectible accounts. The accounting...

Accounting
Q

UsethefollowinginformationofWediWokeliandCo. AcompanyjuststartingbusinessmadethefollowingfourinventorypurchasesinJune 2016: Kshs June1 150unitsRs.6.60/unitcost 990 June10 200unitsRs.6.30/unitcost 1,260 June15 200unitsRs.5.85/unitcost 1,170 June28 150unitsRs.5.20/unitcost...

Accounting
Q

Futura Company purchases the 77,000 starters that it installs in its standard line of farm...

Accounting
Q

A cash budgot, by quartors, is given beiow (000 omitted), The company requires a minimum...

Accounting
Q

To overcome the potential shortcomings of single-year decision-making ratio metrics, many investors in real estate...

Finance
Q

ABC Bank pays 5.16% interest on a CD account. How long it will take you...

Accounting
Q

Required information PB9-1 (Algo) Computing Acquisition Cost and Recording Depreciation under Three Alternative Methods [LO...

Accounting
Q

You have $5,878 in your savings account today that you want to grow to $17,971...

Finance