kristalbell606 kristalbell606
  • 03-05-2020
  • Mathematics
contestada

Desmond has $90,000 in a savings account. The interest rate is 8 % per year and is not compounded. How much will he have in 3 years?

Respuesta :

SugarCoatedTragedy
SugarCoatedTragedy SugarCoatedTragedy
  • 03-05-2020

Answer:

$111,600

Step-by-step explanation:

8% of $90,000 is $7,200

$7,200 x 3 = $21,600

90,000 + 21,600 = $111,600

Answer Link

Otras preguntas

how many secods are in 24 hours​
How does a fuse work? A. A material burns out when current is excessive B. A material burns out when resistance is excessive C. A material burns out when voltag
A share of stock sells for $53 today. The beta of the stock is .7 and the expected return on the market is 16 percent. The stock is expected to pay a dividend o
Hard work works (a) sentence B) dependent Clause
1. What are some situations where girls use power in school?
Garcia Corporation recently hired a new accountant with extensive experience in accounting for partnerships. Because of the pressure of the new job, the account
what is a cubic unit cell ?​
cartoon analysis in an essay format ​
(06.01) Write the following expression in exponential form: 1.6 × 1.6 × 1.6 × 1.6 41.6 1.64 1.6 × 4 1.6 + 4
sean had a drug probelm when he was in middle school but has since been rehabilitated how could his background affect his future.