Andrew invet $200 into an account with a 2. 9% interet rate that i compounded emiannually. How much money will he have in thi account if he keep it for 5 year? Round your anwer to the nearet dollar

Question

02-12-2022
Mathematics

Answered

Explore Westonci.ca, the premier Q&A site that helps you find precise answers to your questions, no matter the topic. Get immediate and reliable answers to your questions from a community of experienced professionals on our platform. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

Andrew invet $200 into an account with a 2. 9% interet rate that i compounded emiannually. How much money will he have in thi account if he keep it for 5 year? Round your anwer to the nearet dollar

Sagot :

We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.

Why should you be careful about the news from media outlets?A. The information is tailored to capture the attention of the largest possible audience.B. Some new

A line passes through the point [tex][tex]$(-6, 8)$[/tex][/tex] and has a slope of [tex][tex]$\frac{3}{2}$[/tex][/tex].Write an equation in point-slope form for

Find the area between the two curves f(x)=x² and g(x)=4x

PLSSSS help if you TRULY know thiss

When embedded or linking an excel chart into a PowerPoint slide, you retain the formatting associated with the PowerPoint presentation if you select the option

The ___ views punishment as the mirror opposite of reinforcement.Group of answer choices:a) avoidance theory of punishmentb) conditioned suppression theory of p

What is the equation of the line of best fit for the following data? Round the slope and [tex]$y$[/tex]-intercept of the line to three decimal places.\begin{tab

How does a marketing goal compare to a business goal?A. A marketing goal is smaller and more targeted.B. A marketing goal affects an entire company.C. A marketi

What is the mass of a crate if a force of [tex][tex]$200 \, N$[/tex][/tex] causes it to accelerate at [tex][tex]$8 \, m/s^2$[/tex][/tex]?(Formula: [tex]F = ma[/

The following expression models the total money earned by setting up a food stall at a funfair, where [tex]x[/tex] represents the number of cheeseburgers sold:[

Tutorconsortium422 Tutorconsortium422 · Answer 1 · 2022-12-05T15:03:00-05:00

Andrew will have $251.91 in his account after 5 years, assuming he does not add or withdraw any money from the account and that interest is compounded semiannually at a rate of 2.9%.

What Does an Interest Rate Mean?

The fee that a lender assesses on a borrower is known as the interest rate, which is expressed as a percentage of the principal, or the loaned amount. Usually, the annual percentage rate (APR), which is how loans' interest rates are expressed, is indicated (APR).

What is the process of an interest rate?

Once your loan is fully repaid, interest will have an impact on the overall cost you pay. For instance, if the interest rate on a $100 loan is 5%, you will have to pay the lender $105 in order to repay the money. $5 will be profit for the lender.

To know more about Interest Rate visit:

https://brainly.com/question/13324776

#SPJ4

Sagot :

What Does an Interest Rate Mean?

What is the process of an interest rate?

Other Questions