catelynferguson095 catelynferguson095
  • 15-03-2022
  • Mathematics
contestada

how much interest would $5,000 earn in one year at a rate if 5% compounded annually? what would be the new balance

Respuesta :

fable009
fable009 fable009
  • 15-03-2022
The answer would be $5,250

You would do 5,000 x 0.05 = x
Answer Link
zombob84 zombob84
  • 15-03-2022
In one year $5000 at an interest rate of 5% would earn $250 and the new balance would $5250
Answer Link

Otras preguntas

This occupation maps radioactive drugs in the body, and monitor the characteristics and functions of tissues or organs in which they localize
The conclusion paragraph has two jobs what are they
An airplane allows each passenger 36 kilograms of luggage. Carl has to lower the weight of his suitcase by 25% to stay within the limit. How much did the suitca
the difference of 8 and a number X is 36
Evaluate the expression 3x + 4y/2 for x = 1.5 and y = 2.5 . A. 2 B. 4.25 C. 6.25 D. 7.25
Help I can’t answer this math question!!!
A cart for hauling ore out of a gold mine has a mass of 435 kg, including its load. the cart runs along a straight stretch of track that is sloped 4.77° from t
Solve quadratic equation by factoring 35k2-22k+7=4
________ is the final completion of the ego.
i need help w these