Seudónimo Seudónimo

28-08-2020
Mathematics

contestada

Sal deposited $5000 in a 60-month CD the paid 5% interest compounded annually. What was the total value of the CD after 5 years?

Respuesta :

noyerii noyerii

28-08-2020

Compute the periodic interest rate by dividing the base annual percentage rate by the number of times each year interest is calculated and added to the CD's balance (called compounding). For example, if interest on the CD is compounded monthly, divide the base percentage rate by 12 to find the periodic interest rate.

Answer Link

chocolatee24 chocolatee24

28-08-2020

Are you asking compound interest?
=5000(1+5/100)^5
=6381.407
Idk is this what u askin?

Answer Link

Otras preguntas

A 58-year-old man with obesity and a 1-year history of classic GERD symptoms has been on a therapeutic dose if a PPI for the past 6 months. He states he is “rea

What is a heat engine? State its efficiency (a sketch would be appropriate).

Explain the difference between what Isaac Newton and Louis de Broglie would have to say about the momentum of a particle that is moving with a constant velocity

Hello, could someone please help me out with these questions? Thank you!! It takes 8 hours for one crew to clean an office building. It takes a second crew 10 h

Suppose a 500. mL fiask is filled with 1.8 mol of Cl 2, 0.60 mol of HCl and 0.40 mol of CCl4. The following reaction becomes possible: ci2(g) + CHCİ 3(g)-HCI(g)

Paraphrase what Cisneros story says about the topic American identity?

A(n)_____ is a device that provides the power and motion to manipulate the moving parts of a valve or damper used to control fluid flow. A. actuator B. pilot-op

PLEASE HELP!!! Eliminate the parameter. x = 5 cos t, y = 5 sin t. Answer must be a rectangular equation

to cite a webside in the text of your work and link it to the entry in works cited, use the authors? A: Last name B: First name, Last name C: Last name, first n

Oliver Industries is evaluating the manufacturing process for one of their products. Oliver has determined that the process has yearly maintenance costs of $29,

ACCESS MORE EDU ACCESS