Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. algebra
  3. point if 3000 dollars is invested in a bank accoun

point If 3000 dollars is invested in a bank account at an interest rate of...

50.1K

Verified Solution

Question

Algebra

image

point If 3000 dollars is invested in a bank account at an interest rate of 4 per cent per year find the amount in the bank after 10 years if interest is compounded annually Find the amount in the bank after 10 years if interest is compounded quaterly Find the amount in the bank after 10 years if interest is compounded monthly Finally find the amount in the bank after 10 years if interest is compounded continuously

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

Post your original \"primary post\" of at least 125 words for one of the following three...

Biology
Q

where can i find the answers to the actual TEAS V test?

Medical Sciences
Q

Describe how an N channel MOSFET works. Please describe in great detail.

Electrical Engineering
Q

Case Study: First City Bank Implements an ERP System First City bank initiated an Enterprise Resource...

Operations Management
Q

Which of the following is released to surrounding waters by acidified soils? A. aluminum B....

Biology
Q

Paul Rey bought two new Dunlop tires at Goodyear for 96 19 per tire Goodyear...

Basic Math
Q

Let y = tan(5x + 8).Find the differential dy when x = 4 and dx...

Calculus
Q

Exercise 5-4A (Algo) Effect of inventory cost flow (FIFO, LIFO, and weighted average) on gross...

Accounting
Q

C6-2 (Algo) Preparing Journal Entries for Inventory Purchases, Sales, Returns, and (Gross Method) Discounts, and...

Accounting
Q

The following transactions and adjusting entries were completed by Legacy Furniture Co. during a three-year...

Accounting
Q

Problem 14-2 Determining expense and balance sheet amounts (journal entries) (LO 14-3, LO 14-4, LO...

Accounting
Q

No matter how much technical experts a conpany uses in forecasting, the sales budget should...

Accounting