Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. a principal of $800 is placed in a savings account

A principal of $800 is placed in a savings account at 3.5% compounded annually. Use...

60.1K

Verified Solution

Question

Basic Math

image

A principal of $800 is placed in a savings account at 3.5% compounded annually. Use your equation to find how much money will be in the account after 6 years

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

Dewey Corp. is expected to have an EBIT of $3,200,000 next year. Depreciation, the increase in...

Geometry
1.2K views

Classify the figure formed by A (-9,2), B (1,2), and C (-4,2-5?3).equilateral triangleisosceles (not right)...

Basic Math
1.2K views

A pipeline is to be constructed from an island that is 4km from the shore...

Algebra
1.2K views

SupposeA = 20010 3 00 0 11 -102 0 20Which of the followings are the...

Algebra
1.2K views

X1 3x3 3 2x ax x3 2 igib dilin x 2x ax3 1 PL 25...

Algebra
1.2K views

29 Replace the with the correct symbol or which will make a true statement from...

Accounting
1.2K views

Which of the four types of costs listed in (1) above are incurred because poor...

Accounting
1.2K views

Asap. Please use matrix method please 4 1.6 Application Assume a corporation...

Accounting
1.2K views

Gilligan Corporation was established on February 15, Year 1. Gilligan is authorized to issue 550,000...

Accounting
1.2K views

31 A company's income statement showed the following: net income, $130,000 and depreciation expense, $31,800....

Accounting
1.2K views

Harris Company manufactures and sells a single product. A partially completed schedule of the company's...

Accounting
1.2K views

A project has estimated annual net cash flows of $13,750 for three years and is...