dannyanderson6623
dannyanderson6623 dannyanderson6623
  • 03-05-2017
  • Mathematics
contestada

328 dollars invested at 5% for 3 years

Respuesta :

mreijepatmat
mreijepatmat mreijepatmat
  • 03-05-2017
1) if it's a normal interest it gives a yearly interest of 328x0.05 =$16.4 /yearly


2) if it's a compound interest ,the final total amount will be :

 A = 328(1+0.05)³ = $379.701

the interest gained ==> 379.701-328 =51.701
Answer Link

Otras preguntas

10.a.) A road is 4530 m 50 cm long only 2080 ft black topped 6 in is and remaining is gravelled what length of length of the road is gravelled? Find in ft. Solu
Any system of government in which a small group holds power is called
(-4,4) if it was reflected across both the x and y-axis
A man used a force of 250 Newtons for 90 seconds to pull on a rock that remained stationary. How much work was done?
write essay about advantages and disadvantages of modern technology please!​
Bhim Prasad borrowed Rs. 99,000 from a bank at the rate of 8% p.a?​
perimeter of square​
The circumference of a circle is 31.4 miles. What is the circle's radius? C=31.4 mi Use ​ ≈ 3.14 and round your answer to the nearest hundredth. miles
what is an mouse for stranger sthing.​
Bhim Prasad borrowed Rs. 99,000 from a bank at the rate of 8% p.a?​