kmkrreeves2559 kmkrreeves2559
  • 04-08-2020
  • Mathematics
contestada

Peter saved up $20,000 in an account earning a nominal 5% per year compounded continuously. How much was in the account at the end of two years? Round the answer to nearest dollar.

Respuesta :

WJX071116
WJX071116 WJX071116
  • 04-08-2020

Answer:

$22,050

Step-by-step explanation:

$20,000+5%=$21,000

$21,000+5%=$22,050

Answer Link
michiorozco michiorozco
  • 21-03-2021

Answer: 22,103

Step-by-step explanation:

Answer Link

Otras preguntas

What type of verb is the underlined word in the sentence? The bank president worked without interruption in her office. a. transitive b. intransitive help ple
In literature, what is a subject?
_______ is/are the raw material of evolutionary change. a. Genetic drift b. Assortative mating c. Nonrandom mating d. Mutations
What is the measure of ∠M? a. 53° b. 65° c. 81° d. 98°
7x10 to the third power write a pattern to find the value of the expression
Which element would you include in a story whose purpose is to frighten the reader?
10 to the third power= 10x10n what is the value of N
Which is a correct statement about gametogenesis?
What goes into 75 and 25
Henry counted 350 lockers in his school. Hayley counted 403 lockers in her school. how does the 3 in 350 compare to the 3 in 403?