subject
Mathematics, 23.04.2021 19:10 Backfire3607

A business has a savings account that earns a 3% annual interest rate. At the end of 1996, the business had $4,000 in the account. The formula F = P(1 + r/100) t is used to determine the amount in the savings account.
Fis the final amount
p is the initial investment amount,
• r is the annual interest rate, and
• t is the time in years.
To the nearest dollar, how much did the business initially invest in 1991?

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 15:30
Which is the completely factored from of xy^3-x^3y
Answers: 3
question
Mathematics, 21.06.2019 18:50
What are the values of a, b, and c in the quadratic equation 0 = x2 – 3x - 2? a = 1, b = 3, c = 2 a=, b = -3,c=-2 a = 1, b = 3, c= 2 a = 1.0= -3, c = 2
Answers: 2
question
Mathematics, 21.06.2019 22:30
Which set of lengths could represent the sides of a triangle? a. 3, 7, 10 b. 4, 5, 10 c. 6, 8, 14 d. 12, 6, 7
Answers: 1
question
Mathematics, 22.06.2019 01:00
Find the value of the variable and the length of each chord for #5 and #6.
Answers: 1
You know the right answer?
A business has a savings account that earns a 3% annual interest rate. At the end of 1996, the busin...
Questions
question
Mathematics, 04.12.2019 22:31
question
Physics, 04.12.2019 22:31
question
Spanish, 04.12.2019 22:31
question
Mathematics, 04.12.2019 22:31
Questions on the website: 13722363