Ann deposited $4000into an account with 3.6% interest, compounded annually. Assuming that no withdrawals are made, how much will she have in the account after 9 years?

Question

03-04-2022
Mathematics

Answered

IDNLearn.com: Your trusted platform for finding reliable answers. Our community provides accurate and timely answers to help you understand and solve any issue.

Ann deposited $4000into an account with 3.6% interest, compounded annually. Assuming that no withdrawals are made, how much will she have in the account after 9 years?

Sagot :

Thank you for joining our conversation. Don't hesitate to return anytime to find answers to your questions. Let's continue sharing knowledge and experiences! Your search for answers ends at IDNLearn.com. Thank you for visiting, and we hope to assist you again soon.

In Adults, Nicotine Can Enhance Alertness And Information Processing.a. False B. True

1 Of 151 Of 15 Questions Question The Right Rectangular Prism Is Filled With Cubes That Have A Side Length Of 18 Foot. A Picture Of The Cube And Prism Is Shown

Select All The Musical Features Highlight The Nationalism Of Antonin Dvořák's New World Symphony, Symphony No. 9. Check All That Apply Pentatonic ScalesPentaton

Serenade The Birthday Boy Or Girl. A) ColombiaB) Peru C) México And Puerto RicoD) Spain And The United States 1. Guests Receive A Pin That Was Made For The Birt

Monitoring The Actions Of Others Or Oneself By Visual Or Electronic Means While Recording Quantitative And/or Qualitative Information Regarding Those Actions Is

Andrea Is A Baby Who Has Very Irregular Patterns Of Eating, Sleeping And Elimination. She Does Not Warm Up To New People Easily And Spends The Majority Of Her D

What Is The Additive Inverse Of The Polynomial?[tex]\[ -7y^2 + X^2y - 3xy - 7x^2 \][/tex]A. [tex]\[ 7y^2 - X^2y + 3xy + 7x^2 \][/tex]B. [tex]\[ 7y^2 + X^2y + 3x

Sort The Phrases Under The Appropriate Literary Devices:- Oxymoron - Beginning Of The End - Larger Half - Canned Fresh - War Is Peace - Paradox - Love Unt

In The Context Of Web Security And Permissions, What Do The Attributes Allow-scripts And Allow-same-origin Refer To?

Alan Has Collected Many Scripts And Scraps Of Material In His Garage Over The Years. One Day, Looking At An Oddly Shaped Wastepaper Basket, It Occurred To Him T

Nfeinglass910idn Nfeinglass910idn · Answer 1 · 2022-04-03T12:25:54-04:00

Nfeinglass910idn Nfeinglass910idn

03-04-2022

Answer:
In 9 years, you will have $5,499.18

Steps:
Note
A = Final Amount
P = Principal Amount
R = Interest Rate
N = # of times interest is compounded
T = Time in years

A = P(1 + r/n)^nt
A = ?
P = 4000
R = 0.036
N = 1
T = 9

A = 4000(1 + 0.036/1)^1*9
A = 5499.18

Answer Link

Sagot :

Other Questions