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

What is the equation of the new function
Select the best example of a thesis statement for an essay that analyzes structure. Dr. King adds personification in his "I Have a Dream Speech" to bring compl
Which statement is true about the distribution?
What is the first thing that your topic must be? A. broad B. general C. researched D. focused 2. What is the most narrowed research topic? A. worldwide problems
Help with spanish hw
20pts!!!!!!!!!!!!! USATESTPREP!!!!!!!!!!!! J.R.R. Tolkien was always interested in the English language. Before becoming a writer, he studied English in colleg
QUICK PLEASE !!!! Solve for x:
The pathogens that cause the common cold are _____. antibodies fungi viruses bacteria
2/3 divided 1/2 quotient
Based on the chart above, the countries with the lowest human development are located on which continent __________.