butler1234 butler1234
  • 22-01-2021
  • Mathematics
contestada

Lucy invested $19,000 in an account paying an interest rate of 3% compounded annually. Assuming no deposits or withdrawals are made, how much money, to the nearest hundred dollars, would be in the account after 8 years?

Respuesta :

RisakoYoko
RisakoYoko RisakoYoko
  • 23-01-2021

Answer:

23560

Step-by-step explanation:

3% of 19k is 570

570*8=4560

4560+19000=23560

Answer Link

Otras preguntas

Please help me on question #2 please please really need help due today at 9:00pm please
PLEASE HELP!!!!! thx​
What was one outcome of the Pueblo Revolt of 1680? * The Spanish worked with the Pueblo to compromise and find a solution The Spanish defeated the revolt before
Fill in the blank to make it a true statement: 50 ___ |-50| Group of answer choices =
Chapter 4 resumen Christmas Carol
PLEASE HELP! How many moles of NaOH would produce 10 moles of water in this reaction? 2NaOH + H2SO4 → Na2SO4 + 2H20
Write 65% as a rate (fraction).
describe a real-world situation that models the multiplication expression 20(-1).
Declared;nearly half are in effect Which change, if any, is needed to revise? A)declared, nearly half are still in effect B)declared;Nearly half are still in ef
- 9j + -11 = 61 What is this?