sndnd11benee sndnd11benee
  • 20-05-2021
  • Mathematics
contestada

Deb deposited $70 in a savings account earning 10% interest, compounded annually.
To the nearest cent, how much will she have in 3 years?

Respuesta :

jwu4444 jwu4444
  • 20-05-2021

Answer:

Deb will have $93.17 in 3 years

Step-by-step explanation:

FV = P(1 + r)^n

FV = 70(1+0.1)^3

FV = 70(1.331)

FV = 93.17

Answer Link

Otras preguntas

2 billion in standard notation
HELP ME PLEASE!!! I am doing a test and I need to pass!!!!
All the following are characteristics of group decision making except ______. Multiple choice question.
If the area of square 3 is 80 cm^2 and the area of square 2 is 100 cm^2, what is the area of square 1? (please show work, it's a part of my study guide)
Which table most likely relates the height, h(t), in meters, over time, t, in seconds, of a ball dropped from above ground level that hits the ground sometime b
What is the perimeter of this tile? 10 in. 8 in. 6 in. Type here to search Complete
what is the probability of pulling a red marble and then a green marble if you do not replace the marbles
What is the most visited tourist attraction in the world?.
which art techniques are you more likely to employ when expressing yourself?​
Which sentence uses the word diaphanous correctly? Question 5 options: His brash, diaphanous tone made his uncertainty clear. Whoever judges the acting competit