Open study

is now brainly

With Brainly you can:

  • Get homework help from millions of students and moderators
  • Learn how to solve problems with step-by-step explanations
  • Share your knowledge and earn points by helping other students
  • Learn anywhere, anytime with the Brainly app!

A community for students.

You invest $1,300 in an account that has an annual interest rate of 5%, compounded annually. How much money will be in the account after 10 years? Round your answer to the nearest whole number.

Mathematics
I got my questions answered at brainly.com in under 10 minutes. Go to brainly.com now for free help!
At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

Join Brainly to access

this expert answer

SEE EXPERT ANSWER

To see the expert answer you'll need to create a free account at Brainly

you know the formula?
I=PRT
I=PRT

Not the answer you are looking for?

Search for more explanations.

Ask your own question

Other answers:

ok what i
interrest, rate time precentage
is it 1950
can you show me your work just asking??
You invest $1,300 in an account that has an annual interest rate of 5%, compounded annually. How much money will be in the account after 10 years? Round your answer to the nearest whole number. Answer $2,001 $2,050 $2,118 $2,287 tese aour the choices
one sec
You invest $500 in an account with an annual interest rate of 1.1%, compounded continuously. How much money is in the account after 10 years? Round your answer to the nearest whole number. Answer $548 $558 $580 $600
theres anthior one i got like 6 of them
first problem is 1300 but the interet is compounded yearly so we must find out what the interest is on 1300 at 5 percent so, we take 1300 time 0.05 for 5 percent to find it is 65 and than take 65 time to 12 and come up with 2080 does this sound right?
there is a 2050 there no 2080

Not the answer you are looking for?

Search for more explanations.

Ask your own question