anonymous
  • anonymous
can someone please help me with my question? medal and fan will be given for the best answer!
Mathematics
  • Stacey Warren - Expert brainly.com
Hey! We 've verified this expert answer for you, click below to unlock the details :)
SOLVED
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.
schrodinger
  • schrodinger
I got my questions answered at brainly.com in under 10 minutes. Go to brainly.com now for free help!
anonymous
  • anonymous
if i have 7,500 in my saving account and i have an interest rate of .87% what is the amount of my compound interest investiment after 10 years?
anonymous
  • anonymous
is it an annual rate?
UsArmy3947
  • UsArmy3947
@AkashdeepDeb @aaronq @AccidentalAiChan @thomaster

Looking for something else?

Not the answer you are looking for? Search for more explanations.

More answers

anonymous
  • anonymous
if so compute \[7500\times (1.0087)^{10}\] to get the balance after 10 years
anonymous
  • anonymous
i get about \($8178.65\) http://www.wolframalpha.com/input/?i=7500%281.0087%29^10
anonymous
  • anonymous
then the interest is \(8178.65-7500\)
anonymous
  • anonymous
idk if its an anual rate though?
anonymous
  • anonymous
i guess we have to assume it is otherwise we can't really do the problem
anonymous
  • anonymous
ok then lets say it is lol
anonymous
  • anonymous
678.65?
anonymous
  • anonymous
that is what i get too
anonymous
  • anonymous
ok thank you! can you help me with 2 more?
anonymous
  • anonymous
i will tag you in those problems ? so if we can work out the answer i can give you medals for those too
anonymous
  • anonymous
@satellite73

Looking for something else?

Not the answer you are looking for? Search for more explanations.