diegomtz9212 diegomtz9212

24-01-2021
Mathematics

contestada

If $3,000 is invested at an interest rate of 1.8%, compounded hourly for two years, what is the ending balance?

Respuesta :

cwrw238 cwrw238

24-01-2021

Answer:

$3109.97.

Step-by-step explanation:

Number of hours in a year = 365*24 = 8760 hours

Balance = 3000(1 + 0.018/8760)^(2*8760)

= 3109.967.

Answer Link

Otras preguntas

need help with polynomial long division. BRAINLIEST FOR BEST ANSWER!

What would happen if the muscles that control structures in the larynx became paralyzed?

The points A(15, 8) and B(10,7) are on a straight line. Which of the following is the slope of the line?

whats x-3+75x compared to or equal to x-75+3x

define computer software

A red candle is 8 inches long

the main reason that a country needs rules is to _______.

I hope it isn’t hard to read if it is don’t hesitate to ask for a better picture :-)

plz click the photo and help me multi choicee

Coach ray has 30 feet of ribbon to place on homecoming mums. If each mum requires .6 feet of ribbon, how many mums can she make?