Mathematics, 21.04.2021 18:10 leannamat2106
A business has a savings account that earns a 3% annual interest rate. At the end of 1996, the business had $4,000 in the account. The formula
F
=
p
(
1
+
r
100
)
t
is used to determine the amount in the savings account.
F is the final amount,
p is the initial investment amount,
r is the annual interest rate, and
t is the time in years.
To the nearest dollar, how much did the business initially invest in 1991?
A.
$4,631
B.
$3,450
C.
$4,637
D.
$3,455
Answers: 2
Mathematics, 21.06.2019 17:20
Closing a credit card usually _your debt ratio.a. increasesb. decreasesc. improvesd. has no effect on
Answers: 1
Mathematics, 21.06.2019 20:30
25) 56(1) = 5b a. identity property of addition b. identity property of multiplication c. commutative property of multiplication d. commutative property of addition
Answers: 1
Mathematics, 21.06.2019 23:30
Consider the sequence below. 3 , 1 , 1/3 , 1/9 , select the explicit function which defines the sequence.
Answers: 1
A business has a savings account that earns a 3% annual interest rate. At the end of 1996, the busin...
English, 22.08.2021 18:50
Mathematics, 22.08.2021 18:50
Arts, 22.08.2021 18:50
Social Studies, 22.08.2021 18:50
History, 22.08.2021 18:50
Biology, 22.08.2021 18:50
Mathematics, 22.08.2021 18:50
English, 22.08.2021 18:50
Geography, 22.08.2021 18:50
English, 22.08.2021 18:50
Social Studies, 22.08.2021 18:50
English, 22.08.2021 18:50