WebJan 31, 2024 · Aldo put $400 into a savings account that paid an interest rate of 5.4% per year. What was the total amount in his account at the end of 1 year. ... Aldo had $421.60 in his account at the end of 1 year. 400 x 5.4% = $21.6 in interest from one year. $400 + $21.60 = $421.60 Advertisement Advertisement New questions in Mathematics. brainlist … WebYear 1 Year 2 Year 6 $400 Deposits Savings? 3% Interest Rate Compounded Quarterly starting year 1 to 2 2.5% Interest Rate Compounded Daily starting year 2 to Andrea deposits $400 at the end of every month into a saving account for six years...
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WebFeb 7, 2024 · The compound interest formula is an equation that lets you estimate how much you will earn with your savings account. It's quite complex because it takes into … WebCalculate. If you withdraw $500 monthly your savings will last. 23 years. and. 2 months. Monthly withdrawal you can make if savings are to last 25 years. $ 474.21. iphonesms拒否設定
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Web17 A savings account, S, has an initial value of $50. The account grows computations. ... As the value of n decreases to one, the value of the account approaches the function S(t) 50(1 0.02)t. 18 There are 400 students in the senior class at Oak Creek High School. All of these students took the SAT. The distribution of their SAT WebFeb 3, 2024 · The best thing to do is put that emergency fund in a money market account. Most money market accounts will give you a debit card and checks to use—that way, you can get to your money when you really need to (keeping it “liquid”). And don’t worry about how much interest the account earns—your emergency fund isn’t an investment. WebThe interest was compounded continuously. What was the interest rate on the account? Round the answer to the nearest tenth of a percent. Kimberly invested $4000 in her … iphonesiriの使い方