Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. karla invests $10,000 into an account with a 2.2%

Karla invests $10,000 into an account with a 2.2% interest that is compounded annually.How much...

80.2K

Verified Solution

Question

Basic Math

image

Karla invests $10,000 into an account with a 2.2% interest that is compounded annually.How much money will she have in this account if she keeps it for 5 years? Round your answer to the nearest dollar. Do not round at any other point in the solving process; only round your answer.Provide your answer below:

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: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Required Words: 400 Required Collection of consumer price index of different countries for analysis

Basic Math
Q

How has technology affected your life? Be specific as to what changes m, and in what ways

Psychology
Q

Chapter 8 1. Which of control signal lines can be used in the off-chip memory expansion of...

Electrical Engineering
Q

The sample measurements for Aluminum, Copper and Nylon have the same length, width, and thickness. While...

Mechanical Engineering
Q

Iconic memory is a type of memory that holds visual information for about half a second...

Basic Math
Q

A ring and a particle of masses 2m and m are kept as shown in...

Physics
Q

A block given a velocity u on horizontal ground not frictionless is observed a distance...

Physics
Q

13 points eBook Hint Print References Mia Wiz sells computers During May it sold 600...

Basic Math
Q

Find the sum of the first 47 terms of the arithmetic sequence 0 7 14...

Calculus
Q

Ray, Carol, and Jack are...

Accounting
Q

If current assets are $90,000 and total assets are $270,000, what percentage of total assets...

Accounting
Q

Due to erratic sales of its sole product-a high-capacity battery for laptop computersPEM, Incorporated, has...

Accounting