juanabanuelos2p239fz
juanabanuelos2p239fz juanabanuelos2p239fz
  • 11-05-2018
  • Mathematics
contestada

if you invest $100 a month into a retirement account paying 6% interest compounded monthly, how much will you have after 35 years?

Respuesta :

TheBreeze
TheBreeze TheBreeze
  • 13-05-2018
Here's the equation for one year:
0.06(100) + 100
But because it is 35 years:
35(0.06(100)) + 100
2.1(100) + 100
We can make it simpler:
3.1(100)
310
You will have $310
Answer Link

Otras preguntas

(a) For BCC iron, calculate the diameter of the minimum space available in an octahedral site at the center of the (010) plane, and compare this to the diameter
What is the function of RNA polymerase in protein synthesis? It brings the tRNA to the ribosome. It bonds the DNA strand. It unzips the DNA strand. It translate
In the key of G major, which note is sharpened? 1. (a) F (b) B (c) G (d) D 2. In the key of D major, which notes are sharpened? (a) D & G (b) F & C (c)
Solve for x. The triangles are similar
The statement some dogs are brown has 16 letters. Choose one of these 16 letters uniformly at random (i.e., with equal probability). Let X denote the length of
Drag words from the left to the correct blanks at the right. You may use the same words more than once. The sum of the number of protons and neutrons in an atom
I NEED HELP PLEASE, THANKS! :)
Solving Linear Systems by Substitution x+y=5 -3x+2y=5
Please answer this correctly
Examples of drawing packages