Martha has a savings account that pays 1.5% interest annually. She has not made any deposits or withdrawals for many years. Suppose that her current balance is $4,516.32. How much money was in her account 5 years ago? Show how you get your answer.

Question

24-02-2015
Mathematics

Answered

Westonci.ca is your trusted source for finding answers to all your questions. Ask, explore, and learn with our expert community. Explore our Q&A platform to find reliable answers from a wide range of experts in different fields. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.

Martha has a savings account that pays 1.5% interest annually. She has not made any deposits or withdrawals for many years. Suppose that her current balance is $4,516.32. How much money was in her account 5 years ago? Show how you get your answer.

Sagot :

Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. We're glad you chose Westonci.ca. Revisit us for updated answers from our knowledgeable team.

Please solve the following differential equation related to steady-state currents

discussion on the management at the emergency scene, care for victims, and able to select for "stay and play" or "scoop and run" based on scenario: a major cras

\begin{tabular}{|l|r|}\hline \multicolumn{2}{|c|}{Savings Account} \\\hline Month & Balance \\\hline Jan. & [tex]$\$[/tex] 10,000[tex]$ \\ \hline Feb.

Solve:[tex]\[ \frac{1}{\sqrt[3]{2x-3}} = 2 \][/tex]

How many 8" x 8" wall tiles are needed in a wall 2.5 m width and 4.0 m height?

An object is located 30.0 cm from a concave mirror. The focal length is 15.0 cm. What is the image distance?Use the equation [tex]d_i = \frac{d_0 f}{d_0 - f}[/t

Write a short autobiography featuring your childhood life using the following guideline *date and place of birth *family background *daily life *school life

Energy in the Electric Field: At a distance d from a point charge Q , the energy density in its electric field is u . If we double the charge, what is th

भीड़ में खोया आदमी पाठ में लेखक ने बढ़ती जनसंख्या के किन कर्म एक परिणाम पर प्रकाश डाला है इसका निवारण किस प्रकार कर जाना चाहिए अपने विचार व्यक्त करें

What happens immediately after the old man tells the boy that he "will have to follow the omens" in order to find his treasure?A. A butterfly flutters between t

Kevin890 Kevin890 · Answer 1 · 2015-02-24T19:36:37-05:00

Kevin890 Kevin890

24-02-2015

She had approximately $4,855.07 five years ago because if you were to multiply 1.5%(0.015) with 4,516.32 you'd get 67.75(rounded) and multiply that with five since its five years and she annually has to pay, and you'd get around 338.75. You add that with 4.516.32 which gives you the amount she had five years ago

Answer Link

Sagot :

Other Questions