sfz8bkuxnd sfz8bkuxnd
  • 24-05-2022
  • Mathematics
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Exponential growth/decay-
Ashley has $5,000 in an account that earns 5% interest
compounded annually.
To the nearest cent, how much will she have in 3 years?

Exponential growthdecay Ashley has 5000 in an account that earns 5 interest compounded annually To the nearest cent how much will she have in 3 years class=

Respuesta :

mceboyoungman
mceboyoungman mceboyoungman
  • 24-05-2022

Answer:

substitute: P=5000, r=5% , n=10, t=3

F= P( 1 x r/n)

[tex]nt {?}^{2} [/tex]

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