kristalbell606 kristalbell606
  • 03-05-2020
  • Mathematics
contestada

Desmond has $90,000 in a savings account. The interest rate is 8 % per year and is not compounded. How much will he have in 3 years?

Respuesta :

SugarCoatedTragedy
SugarCoatedTragedy SugarCoatedTragedy
  • 03-05-2020

Answer:

$111,600

Step-by-step explanation:

8% of $90,000 is $7,200

$7,200 x 3 = $21,600

90,000 + 21,600 = $111,600

Answer Link

Otras preguntas

Jessica is going to paint her patio. It is made up of two rectangles. One measures 7ft. x 4 ft. x 5ft. and the other measures 10ft. x 8ft. x 6ft. What is the to
hi anyone can help me :) i have no idea how to do it . pls help me thx​
Why is sea transport particularly important to the Caribbean?
The point (6, - 5) is reflected across the y axis what is the new point
what words would describe beneathas attitude toward walter
……………………868685758584984444
How does the Spanish word 'tiempo' translate to English?
Without dividing, how can you tell if the quotient for 5,873 = 8 is greater than 700? Explain whether the quotient is less than 800.
NOT a factor that contributed to the rise of the Japanese empire?
A closer look at pit bulls and the hype around them shows that they are not more dangerous than other dogs. These dogs may have a reputation for viciousness tod