ameliacunliffe0 ameliacunliffe0
  • 23-04-2018
  • Mathematics
contestada

work out the balance for 600 invested for 3 years at 4.5 per annum

Respuesta :

CastleRook
CastleRook CastleRook
  • 04-05-2018
The balance when $600 is invested for 3 years at 4.5 % p.a will be obtained using the formula:
A=P(1+r/100)^t
where:
P=principle
r=rate
t=time
thus plugging in the values in the formula we get:
A=600(1+4.5/100)^3
A=600(1.045)^3
A=$684.7

Answer: $684.7
Answer Link

Otras preguntas

What is the product? (X+1)(x+4)
how do you speak in spanish
show your work 25.04×3.005
3 plus what equals 36?
Math Help! 62 points for answer(s) Right answers only, and credible reasoning please. Question 1) Which interval on the graph could be described as linear incr
In an experiment, the hypothesis is If the wavelength of the light shining on a plant is shortened, the rate of photosynthesis is slowed down. If this experimen
The product of (4z2 + 7z – 8) and (–z + 3) is –4z3 + xz2 + yz – 24. What is the value of x? What is the value of y?
Cowards die many times before their deaths. The valiant never taste of death but once. Of all the wonders that I yet have heard, It seems to me most strange tha
Introvert and extrovert synonyms or Antonyms
which of the following areas can be accomodated in the playroom of a three- to four- year -old group? 1.personal expression 2. processing impression and ideas 3