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

a principal of 850.00 in an account at 8% per year simple interst what is the account total after 5 years ?
Which statement best describes the difference between speed and velocity? A. Velocity is speed with a direction. B. Speed is velocity with a direction. C. Veloc
How did Captain Canot feel about slavery?
true of false if you type too much text on a powerpoint slide, the additional text is added to a second slide
why did the nazi party become the largest party in the german government
1. For which is a chart legend used? a. all of the time b. whenever you are comparing data that is the same c. whenever you are com
when rounded to the nearest thousand,i become 3,000.what numbers can i be
what is the fraction equivalent to 140%?
Mary katherine draws a card and replaces it 50 times from a standard deck of 52 cards. she records her results and gets 20 red cards and 30 black cards. what is
All people who are shy have high communication apprehension in all areas of life true or false