rodriguezkeila026 rodriguezkeila026
  • 11-02-2022
  • Mathematics
contestada

Suppose your friend's parents invest $20,000 in an account paying 6% compounded annually. What will the balance be after 5 years?

Respuesta :

futaboi27658
futaboi27658 futaboi27658
  • 11-02-2022

Step-by-step explanation:

if you invest $20,000 with 6% compounded interest annually over the span of 5 years the interest would be $6,765 with a total of $26,765

Answer Link

Otras preguntas

please help !!!!!!!’
Complete the following sentence by choosing the best answer from the list below. enables information to be viewed in an easily understandable format. O An outpu
30 POINTS!!!!!!!!What would not be considered a primary source for World War II? a recording of President Roosevelt’s speech asking Congress to declare war on G
2. Are the triangles shown below similar not? How do you know? (Explain your reasoning)
solve by elimination 6x-5y=27 3x+10y=-24
The quotient of 3 times a number n and 6 is 8. What is the value of n? A. 24 B. 48 C. 4 D. 16
In 2003, scientists completed the Human Genome Project, in which they completed the mapping of the human genome. Which is one way that the Human Genome Project,
1 Which is NOT true of homologous chromosomes? * (1 Point) they are identical they have genes for the same traits they are in pairs they have genes that are in
roberts mom gave him $9 to buy groceries. she told him to buy a loaf of bread and as many quarts of milk as he could with the money she gave him. a loaf of brea
can someone put a blessing on this math problem