subject
Mathematics, 20.07.2020 14:01 muffin261

At the beginning of year 1, Josie invests $400 at an annual compound interest rate of 5%. She makes no deposits to or withdrawals from the account. Which explicit formula can be used to find the account's balance at the beginning of year 3? A. A(3) = 400 β€’ (1 + 0.05)3 – 1
B. A(3) = 400 + (3 – 1)(0.05 β€’ 400)
C. A(3) = 400 + (0.05 β€’ 400)3 – 1
D. A(3) = 400 β€’ (1 + 0.05)3

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 19:00
Which expression converts 45 degree to radians
Answers: 2
question
Mathematics, 21.06.2019 21:10
Patty made a name tag in the shape of a parallelogram. reilly made a rectangular name tag with the same base and height. explain how the areas of the name tags compare.
Answers: 2
question
Mathematics, 21.06.2019 21:30
If you have a set of parallel lines a and b cut by transversal x, if angle 1 = 167 degrees, what is angle 4 and why. also what is the measure of angle 5 and why? you need to use the names of the angle relationship and explain.
Answers: 1
question
Mathematics, 22.06.2019 00:30
Which is an x-intercept of the graphed function? (0, 4) (–1, 0) (4, 0) (0, –1)
Answers: 2
You know the right answer?
At the beginning of year 1, Josie invests $400 at an annual compound interest rate of 5%. She makes...
Questions
question
History, 24.03.2021 20:30
question
Mathematics, 24.03.2021 20:30
question
Physics, 24.03.2021 20:30
question
Mathematics, 24.03.2021 20:30
question
Mathematics, 24.03.2021 20:30
Questions on the website: 13722363